CELKON Mobiles, an Indian mobile handset brand, will set up a Rs 100-crore mobile assembly unit in Tamil Nadu, Andhra Pradesh or Karnataka in 2011 with a capacity to produce 36 lakh pieces annually. It also lined up an Andriod phone to mark its entry into the smart phone segment.
“We will pool up funds from internally and from banks to set up the facility. We are in talks with the local governments in this regard,” Mr Y Guru, Managing Director of CELCKON, said.
In about 12 months the company sold 10 lakh units, mostly in Andhra Pradesh, and registered a turnover of Rs 150 crore. “We have entered into a tie-up with the US-based Bright Point to distribute our handsets in North India,” he said.
Addressing a press conference here on Monday, he said the company would initially sell the products in States like Uttar Pradesh, Punjab, Delhi and Uttaranchal. Beginning July, it would start selling in Maharashtra and West Bengal markets too.