Oppo Given Green Clearance to Set Up Manufacturing Unit in Noida

Oppo Given Green Clearance to Set Up Manufacturing Unit in Noida

Chinese smartphone maker Oppo has been given green clearance to set up a mobile manufacturing unit in Greater Noida at a cost of Rs. 2,200 crores, a senior government official said. The Union Environment Ministry has granted the environment clearance to its Indian subsidiary Oppo Mobiles India Pvt Ltd for the proposed project. “The clearance has been given to the Oppo’s project after taking into account the views of an expert green panel. It is subject to compliance of certain conditions,” the government official said. The environment clearance certificate has already been…

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What All Small Businesses Can Learn From the Manufacturing Renaissance

What All Small Businesses Can Learn From the Manufacturing Renaissance

There’s a manufacturing boom happening in the U.S. And businesses like Thor Industries (NYSE:THO) are using unique selling points to capitalize on that growth. Thor Industries is the nation’s largest maker of recreational vehicles. The company has more than 200 factories in the U.S., mainly based in Indiana, Ohio, Oregon and Idaho. And it’s currently expanding some of those factories even more. Tips and Tricks of the Manufacturing Renaissance Brands like iconic hat maker Kangol have brought their manufacturing facilities back to the U.S., but success is sometimes a struggle. Thor…

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Micromax Opens Manufacturing Facility in Hyderabad

Micromax Opens Manufacturing Facility in Hyderabad

Mobile phone manufacturer Micromax on Thursday opened its new manufacturing facility which will have the capacity to manufacture one million mobile phones per month. The unit, which opened at Fab City in Hyderabad, currently employs 700 people and will increase the number to 1,000 in next two months. Spread over His 19 acres, this is the second manufacturing plant of Bhagati Products Ltd. in India. The company made an initial investment in the unit which also has provision for expansion to manufacture LED TV and other electronic equipment in the…

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China’s Huawei Evaluating Mobile Phone Manufacturing in India

China’s Huawei Evaluating Mobile Phone Manufacturing in India

China-based Huawei is evaluating ways to start production of mobile phones in India through contract manufacturing in association with Foxconn and is currently studying the business models and tax incentives. A delegation of Huawei, led by its India CEO Jay Chen, met Telecom Minister Ravi Shankar Prasad on Friday and apprised him of its expansion plans for the country. “We had a very elaborate talk and they have said that till now they have invested $2 billion (roughly Rs. 13,309 crores) in India in the last 16 years,” Prasad said….

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IT Highest-Paying Sector In India, Manufacturing Least: Study

IT Highest-Paying Sector In India, Manufacturing Least: Study

Information Technology sector employees get the highest pay in India with a median gross hourly salary of Rs. 346, while those in the manufacturing sector get paid the least at Rs. 254, says a report. According to Monster Salary Index (MSI), the IT sector is the highest paying sector in India, but only 57.4 per cent of employees are satisfied with their salary. Banking, financial services and insurance (BFSI) sector comes in second with a median salary of Rs. 300.23. The relatively higher remuneration reflects the high level education of…

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