Damson Technologies to invest 200 INR-Crore to set up manufacturing facility in Gujarat

Riya Fernandes Nov 22, 2024 0

Damson Technologies has announced plans to invest an estimated 200 INR-Crore in a state-of-the-art manufacturing facility in Ahmedabad, Gujarat. 

This ambitious project will allocate 110 INR-Crore for infrastructure, 60 INR-Crore for advanced machinery, and 30 INR-Crore for operational processes. The upcoming facility by Damson in Gujarat will feature 20 cutting-edge production lines, capable of producing 1 million units monthly. The focus will be on premium audio systems like TWS earbuds and home entertainment devices.

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Strategically positioned as a dual-purpose hub, the manufacturing facility will handle in-house production for Damson’s ‘Just Corseca’ brand while offering contract manufacturing services for other leading brands. Furthermore, this reflects the company’s commitment to growth and innovation in the mobile accessories sector.


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Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes onlyIt does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.

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