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Intex plans Rs.1,000-cr capex in Noida plant

Industry Electronic & Telecom Equipment

Intex Technologies is planning to expand its smart-phone manufacturing capacity to 15 lakh a month from its current 10 lakh a month by the end of this fiscal at Noida, UP. The company plans a capex of Rs.1,000 crore and will  be invested over a five-year-period, especially in the smart-phone unit . Investments will be through internal resources.

Extracted from HBL, June 10,’15

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