Chinese firm Forstar to set up manufacturing unit in Chhattisgarh

Chinese company Forstar Industry Limited (FIL) will set up a manufacturing plant for computer systems and other mobile devices in the state capital of Chhattisgarh.

The proposed plant will come up near Urkura, an industrial area at the outskirts of the state capital developed by the Chhattisgarh State Industrial Development Corporation. The Chinese company Wednesday inked an agreement with state-run Chhattisgarh Infotech and Biotech Promotion Society (CHIPS) to execute the project.

According to company officials, FIL was formed in 2000 and had been an innovative PC company qualified to design, manufacture, market, sell and support a range of computer systems and services. The company had been manufacturing partners for Lenova, Acer, Hasee, Multilaser etc, they added.

"The proposed plant in Chhattisgarh will be first of its kind in electronic IT manufacturing and assembling sector with state of the art facilities," the company officials said. It would be set up in consortium with M/s Novatium, a Chennai-based Indian Software and cloud solution provider.

The facility will manufacture tablet, PC, notebooks, netbooks and mobile devises, the official said.

The produce from Chhattisgarh will be exported to global market ranging from Eastern Europe, Middle East, Africa and South Asia.

The Chhattisgarh government officials said the company will invest Rs 100 crore initially; growing to Rs 1000 crore on full scale-up within next 5 years. The planned capacity of the plant will be stretching from 75,000 units per month to 1 million units per year.

The company will take up skill development programme for the local youths to facilitate for them to find a job in the IT plant. In a year's time, the plant will employ around 200 persons.

At full scale, direct and ancillary units employment would be more than 1000 persons, the officials said.