Home » tech news » Make in India: Madhya Pradesh government allots 10 acre land to Micromax
 
SPEED NEWS

Make in India: Madhya Pradesh government allots 10 acre land to Micromax

Speed News Desk | Updated on: 19 September 2016, 14:43 IST

The Madhya Pradesh government has decided to allot 10-acre land to smartphone manufacturer Micromax at Pithampur industrial area in neighbouring Dhar district, an official said.

Micromax was allotted 16 acre of land at IT Park situated in Barwai, Bhopal, in October 2015. But now, following a change in the company's plan, the state government has decided to allot 10 acre land at Pithampur industrial area, some 40 km from here, he said.

Chinese companies like Gionee and Xiaomi are making their handsets at Foxconn plant in Andhra Pradesh. Domestic companies such as Karbonn, Lava, Micromax, Intex, Jivi, iTel, and MTech too have set up their manufacturing plants in the country. Reports suggest that Chinese handset manufacturer LeEco will start the manufacturing unit on Tuesday, 20 September.

Micromax has to deposit Rs 2.5 crore with the government for the purpose, said the official.

The firm will get concessions and sops from the government, provided it starts commercial production at Pithampur in three years, he added.

-With agency inputs

First published: 19 September 2016, 14:43 IST
 
PREVIOUS STORY
NEXT STORY