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Mivi said that the expansion has effectively doubled the company’s production capacity in comparison to its existing factory located at Hardware Park, Shamshad, Hyderabad which employs over 1,500 people.
The new MIVI facility comes with an investment of Rs 200 Crore in the state, and is expected to create 2000 new jobs, the company said.
Hyderabad: Broadband committee meeting was held relating to the expansion and creation of new telecom infrastructure in the state.
Kaynes broke ground in Kongara Kalan near Hyderabad in October last year and proposed to invest Rs 2,850 crore there.
Kaynes Technology: Jayesh Ranjan, special chief secretary to Government of Telangana, industries & commerce department, & information technology, electronics and communications, told ET, "To the best of our knowledge, we are not aware of Kaynes shifting their OSAT project to any other State."