The products are presently imported and customised in the country, the company's CMD, Ajjay R Agarwal, told reporters here.
No additional investment is required for the new initiative as the company has already set up the facility, where accessories are being manufactured since 2006, he said.
"We already have this set up of manufacturing since 2006. We were one of the biggest manufacturers of mobile accessories. So, we will start manufacturing of mobile phones in the same unit. We hardly require any additional investment because the infrastructure is ready which we are utilising to produce other electronic products," he said.
"Our (sales) target is about 1.5 million pieces a month for 2015-16," Agarwal said.
"In (FY) 14-15, we have done a business of Rs 660 crore. In terms of volume, it is about five million phones," he said at the announcement for launch of the company's 'Exclusive Smartcare Centres' here.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
