Aug 23 2016 | India Opportunities

Jivi Mobiles to set up new unit at Lonavala

Jivi Mobiles plans to set a new manufacturing unit for churning out mobile phone at Lonavala in the state of Maharashtra. The investment is estimated to be around Rs 200 crore. The production capacity would be around 5 lakh units per month. Jivi Mobiles CEO Pankaj Anand is optimistic of selling 10 lakh units per month by 2017-18.