 "Zetwerk")
Manufacturing unicorn Zetwerk said it is on track to cross over $1 billion in revenue during the current financial year. At a time when companies are considering the China Plus One strategy, it is turning out to be a big opportunity for Zetwerk, which is a global source of manufacturing across industrial and consumer products.
To strengthen its international operations, Bengaluru-based Zetwerk has acquired US-based manufacturing services company Unimacts at a valuation of $39 million. Unimacts operates within various industries, including industrial products, material handling, and renewable energy segments.
“Our entire US business is built on China Plus One theme.
