New Delhi, October, 2020.
Micromax Informatics
Ltd., India’s very own consumer electronics brand, today unveiled a new sub
brand- ‘in’, as it makes a comeback in the smartphone segment. The
announcement comes on the heels of the PLI approvals sanctioned by the
Government of India, moving a step closer to realising the vision of Atmanirbhar Bharat.
To begin the strategic re-entry
into the smartphone segment, Micromax plans to invest INR 500 crore and will
build products from ground-up for the new-age Indian consumer. It will be
introducing a new range of smartphones under the ‘in’ brand.
Micromax has state-of-the-art
manufacturing facilities across 2 locations in India including Bhiwadi and
Hyderabad. The brand has a capacity of producing over 2 million phones per
month. Furthermore, the brand is working on strengthening its already
established retail and distribution network. Currently it has a retail presence
of more 10K+ outlets and over 1000+ service centres across India.
Micromax has many firsts to its
credit including the Longest Battery Phone, Dual SIM Phone, Qwerty Device,
Gaming Device, Women’s Line of Devices, Universal Remote Control Phone, MTV
Phone, Dockable Bluetooth Device and Edutainment Tablet.