Adit Infratel, the parent company behind brand Advent and one of the leading players in the mobile accessories and peripherals market, has announced the commencement of India’s first and only lithium polymer embedded battery manufacturing facility at Manesar, Haryana.
For this new manufacturing facility, the company is making an investment of over Rs. 25 crores. The initiative is part of company’s Make in India strategy, promoted by the Government of India.
Government’s Make In India initiative is aimed to boost local manufacturing, reduce dependency on imports and create large-scale impact on the domestic economy through job and wealth creation.
The state of the art facility is spread over 10,000 sq. ft., and has an installed capacity of 60,000 mobile batteries and 20,000 mobile chargers per day. With the commencement of Manesar facility, the combined manufacturing capacity of Adit Infratel including the unit at Parwanoo, HP, will stand at 95,000 mobile batteries, 25,000 mobile chargers and 4000 power banks per day.The company aims to generate
With this new facility up and running, the company aims to generate more than Rs. 335 crores in revenues from the facility over the course of next four years by leveraging its existing OEM relationships with leading brands.
Commenting on this development, Mr. Vikram Kalia, Director Sales & Marketing, Adit Infratel Pvt Ltd, said,
We are one of the largest players in the OEM mobile battery segment and the GoI’s Make in India campaign has provided us with the right impetus to become a dominant player. We are one of the largest players in the OEM mobile battery segment and the GoI’s Make in India campaign has provided us with the right impetus to become a dominant player.
Mr. Pankaj Sachdeva, Director & Promoter, Adit Infratel Pvt Ltd., said,
This was our Vision since the beginning and it has come true at the right point of time. Setting up a factory like this would definitely help the domestic handset manufacturers with mobile batteries of global standards. With setting up of this unit we can say that we are even ready to cater to the demand of the International markets and would be looking forward for tie ups. Some of them are already on the phase 1 of discussions.
Established in 1991 as distributors for Panasonic batteries in India and based in Gurgaon, Adit Infratel is one of the largest manufacturers of OEM mobile batteries for leading companies in India.
Adit Infratel’s brands includes Advent, Muven (exclusive brand for e-tailing sites), E-Bak and iBank, which offers a range of mobile accessories comprising Bluetooth speakers, power banks, etc.