CENTRiC Mobiles to invest Rs 648 cr in Uttar Pradesh

Image
IANS Lucknow
Last Updated : Feb 22 2018 | 5:10 PM IST

Don't want to miss the best from Business Standard?

Domestic smartphone brand CENTRiC Mobiles on Thursday announced to invest Rs 648 crore towards setting up a research and development and manufacturing unit for mobile phones in Uttar Pradesh.

The state-of-the-art Complete Knock-Down (CKD) manufacturing facility will cater to both "CENTRiC" and "FRND" mobile phones, manufactured by Priyanka Technologies (India) Pvt Ltd, as well as other mobile phone manufacturers globally, the company said during the UP Investors' Summit here.

"The company plans to invest Rs 648 crore in setting up an R&D and manufacturing unit in Uttar Pradesh," Manish Agarwal, Founder, Priyanka Technologies (India) Pvt Ltd, said in a statement.

The project is expected to generate employment for over 1,500 people at various levels, the company said.

CENTRiC Mobiles recently launched its budget smartphone CENTRiC "L3" in India for Rs 6,749.

The device features a 1.3GHz quad-core processor with 2GB RAM and 16GB internal memory which can be expanded up to 256GB.

The phone comes with a 13MP rear auto-focus (AF) camera and a 5MP front shooter. There is a 5-inch HD IPS display with 2.5D curved glass.

The dual-SIM budget device has a fingerprint sensor, 4G LTE support and a 3,050mAh battery.

--IANS

na/bg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 22 2018 | 5:04 PM IST

Next Story