Intex Technologies is planning to invest Rs 18 billion for capacity expansion, research and development and marketing. With this, the company is expecting to generate revenues of Rs 90 billion in 2015 as compared to Rs 40 billion in 2014.
Intex has four manufacturing facilities in the country. The company will invest Rs 15 billion to set up a 2,000,000 square feet plant in Greater Noida and is expecting to rollout smart phones from the plant in the next three to four months. The capacity of the plant would be 3.5 to 4 million handsets per month.
The firm is also focusing extensively on its brand promotion in South India. This segment contributed about 10 per cent of the company?s overall sales in 2014 and is expected to contribute Rs 15 billion in 2015.
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