India, Nov. 2 -- Mivi has opened a new Rs 200 crore manufacturing facility in Hyderabad, adding scale to its domestic production plans as it looks beyond its established audio business. The plant, backed by Avishakaran Industries, will manufacture earbuds and soundbars while supporting the company's expansion into smartphones and other consumer electronics.

The investment comes as Mivi completes ten years of manufacturing in India. It also gives the company a larger production base as it broadens its product portfolio.

The new Mivi Hyderabad Manufacturing Plant has a monthly production capacity of five lakh earbuds and 75,000 soundbars. Around 2,500 people are employed at the facility.

These figures show the scale of Mivi's current man...