Ziox Mobiles, the handset maker, is planning to invest over Rs.500 million in its greenfield manufacturing plant in Noida, Uttar Pradesh.
Company is eyeing for land and in talks with Government of Uttar Pradesh. The handset maker intends to complete the entire process in FY19 and the work on the plant will begin thereafter. New plant will basically assemble semi-knocked down (SKD) mobile phone kits imported from China. At present, Ziox runs a unit in Delhi and owns R&D facilities in China and Delhi.