FIND MEMBERS
SiliconIndia News - General, Business, Technology, Ventures, Weekend - Silicon India
Spotlight  |  General  |  Business  |  Technology  |  VC  |  Weekend |  MembersFeed

Xenitis forecasts Rs.13 Bn turnover for 2008-09




The company has invested Rs.2.5 billion to build the manufacturing hub at Hooghly, situated over 45 km north of Kolkata. At present, it manufactures five computer parts - cabinet, keyboard, power supply, mouse and speakers.

Xenitis, which plans to manufacture 6 million components in 2008-09 with an additional investment of Rs.1.5 billion, will soon start manufacturing other parts like thin film transistor (TFT), motherboard and memory.

In October 2007, the company launched its sub-Rs.20,000 laptops 'Xuva' targeting the growing tech savvy youth.

Next in the pipeline is Ghosh's dream project of manufacturing handsets under the telecom unit of Xenitis Group, Xenitis Telecommunications Pvt Ltd. The company has already bagged an order of 160,000 handsets per month and will export 50,000 handsets to Dubai every month.

It has signed memorandums of understanding (MoU) which will fetch over Rs.21 billion in three years for the PC business.

  << Previous  1  2  
Write a comment now!

IANS



Today’s top news

Technology Most senior IT executives shift to non-IT
  We cannot direct the wind, but we can adjust the sail. Now after reaching the topmost level in MNCs, most of the senior executives in the IT industry are loosing their fo...
Technology In India, promises are made to be broken
  Apple CEO Steve Jobs, who had promised at Worldwide Developer's Conference on June 10 while unveiling 3G iPhone that it would be made available at $199(8Gb), is no more t...
Technology EDA companies are the best paymasters
  EDA companies are the best paymasters followed by Analog design firms.
Technology Indian companies to invest $40 Bn
  Indian private companies will invest $40 billion (1.73 trillion rupees) in fresh projects in 2008-09.

Technology Tech toys rule @ the Olympic Games
  Technology innovations are at its maximum best in the contemporary scenario, making every actions and processes faster and easier.
Technology Astecs to offer Asterisk-based Telephony solutions in India
  Astecs, a Bangalore based Telecom Technology and solutions company today announced that it would offer Asterisk based telephony solutions, an open source development with...
Technology Computerised test for learner's driving licence in Delhi
  To end the menace of touts, the learner's driving license test here will now be taken on computers, an official said Tuesday.
Technology karROX signs new training centre at Cuttack
  IT Training provider karROX Technologies continues India expansion with new karROX authorized learning centre at Cuttack.
Business ArcelorMittal to buy Brazilian mining company
  ArcelorMittal, the world's leading steel company, Wednesday said it has agreed to buy the iron ore mining company London Mining Brasil for $810 million.
Business Dunlop plans 10 MW captive power plant at Shahgunj
  City-based tyre manufacturer Dunlop India Ltd is planning a 10 MW captive power plant at its manufacturing unit at Shahgunj in West Bengal, a top company official said he...

Our Sponsors