You are here: Home » Companies » News » Telecom
Business Standard

Amid growing mobile market, Spice to set up manufacturing unit in Noida

In recent years, Noida and Greater Noida have emerged as the country's mobile phone assembly hub

Virendra Singh Rawat  |  Lucknow 

Representative image. Photo: iSTOCK
Representative image. Photo: iSTOCK

Telecom solutions company Spice is looking at setting up a mobile handset manufacturing unit in Noida, Uttar Pradesh.

Spice is a joint venture between Transsion Holdings, a global mobile phone conglomerate and Indian homegrown entity

“We have plans to set up a unit in and there is a possibility of things taking shape in the next 6 months,” Spice CEO Sudhir Kumar said here on Tuesday. The proposed factory could either be Greenfield or Brownfield unit, which would be decided in due course.

Currently, the company is sourcing handsets from three original equipment manufacturers (OEM) in India, of which two are based in Noida, while another is located in Daman.

In recent years, and Greater have emerged as the country’s mobile phone assembly hub with brands such as Lava, Intex, Karbonn and Samsung setting up their units. These plants basically churn out mobile phone handsets from imported knocked-down (CKD) kits, mainly sourced from China.

has a capacity to manufacture over 140 million handsets per annum, which equals almost 40 per cent of the country’s yearly demand.

Recently, Union IT minister Ravi Shankar Prasad had said more initiatives were in offing to boost electronics manufacturing. The segment is vital for creating millions of jobs in near future for both skilled and semi skilled workforce.

The domestic mobile phone production is estimated to touch 500 million devices by 2019-20.

Meanwhile, Spice launched 5 new feature phones and 3 smartphones in Lucknow. The fresh product portfolio is priced between Rs 850 to Rs 9,500. is targeting to strengthen its foothold in India, which is the world’s fastest growing with the addition of its third brand in their multi brand portfolio.