Ziox Mobiles announces Rs. 300-crore investment plan for FY17-18

In a recent announcement, Ziox Mobiles has announced Rs.300-crore investment for FY 2017-18 along with another announcement of Sushant Singh Rajput as its new Brand endorser. 

According to the company, the Brand aims to establish a stronger foothold in the Indian market, with the total investment of over Rs.200 crore which shall span for a year. The Brand has announced its plan to set up two new manufacturing units (in Sikkim and Noida) and R&D facilities, apart from the existing New Delhi unit, with a holding capacity of around 1 million units per month. With the induction of Sushant Singh Rajput as its brand endorser along with the total investment of Rs.100 crore this FY 2017-2018, Ziox aims to achieve an estimated revenue of Rs.1,000 crore and a sale of 10 million product units....Read More

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