New Delhi, Aug. 27 -- Bhagwati Products Limited (BPL), owned by Micromax co-founder Rahul Sharma, is looking to foray into electronics component manufacturing by year-end after ramping up production of smartphones, tablets, wearables, and storage devices.
The company has identified the land for component manufacturing and will soon announce its joint venture partner, Sharma said in a media interaction on Tuesday. "BPL has been working towards entering component manufacturing. We will be starting with display and expanding into mechanics," Sharma said, adding that the plan is to focus on high-value supply-chain products.
Sharma's component push coincides with the government seeking applications from companies for subsidies under the Rs.2...
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