Rajeev Chandrasekhar Inaugurates Mega
Manufacturing Facility for Hearables, Wearables and IoT
Devices at Noida
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Zetwerk Group Company Commissions new facility to produce
10 million devices annually
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Post COVID,
our Ambitions in electronics manufacturing are Re-imagined. We aim to increase India’s
share in electronics GVCs to 10% : Rajeev Chandrasekhar
Zet Town India Pvt Ltd, a
Zetwerk company, on 17
May, 2022 unveiled its new state-of-the-art manufacturing facility at Noida in Uttar
Pradesh. The plant was inaugurated by the Minister of State
for Electronics and Information Technology, Rajeev Chandrasekhar.
Spread out over an area of 50,000 sq.ft, the factory comprises 16 manufacturing lines with advanced
testers and a world-class innovation lab for product development. With the objective
of strengthening India’s manufacturing capabilities in the smart technology space,
the factory has been established to create ODMs (Original Design Manufacturer) in
hearables, wearables and IOT devices.
Speaking about the new facility, Rajeev Chandrasekhar,
said “Over the last 5 years, the Prime Minister has been focusing extensively
on bolstering our domestic capabilities in the electronics sector. He recognised this as an incredible growth opportunity for Indian
manufacturers prior to the pandemic and over the last two years, that opportunity
has grown multi-fold. India has the potential to contribute around US $ 400 billion
worth of electronics goods including exports worth US$120 billion, which would account
for 9-10% of the overall global value chains, from the current supply potential
of 1-2%. Ambitions have been reset and we need more companies like Zetwerk in making this vision a reality. Their model is unique
and can be easily scalable. I congratulate Zetwerk for
this. They can play a significant role in achieving our objectives of making India
a significant player in electronics GVC”
“As a brand that’s committed to the ethos of Make
In India, it has always been our endeavour
to find ways to strengthen our capabilities as the world’s next big manufacturing
hub and reduce import dependency. Through our manufacturing capabilities at this
new facility, we bring a design based product proposition to the Indian market in
the wearables and hearables space. This is a unique scalable model that has the
potential to effectively disrupt the monopoly of Chinese manufacturers by addressing
the export requirements of industries across the world,” said Rahul Sharma, Co-Founder, Zetwerk.
Products manufactured at Zet
Town’s new ODM facility are developed using a customisable
model that enables the company to control the smart technology in the device by
customising product features and positioning in keeping
with the requirements of customers.
“We are pioneering an ODM and EMS offering in the
wearables and hearables space with a technology-first, people-first approach. With
a focus on design, integration and innovation, we customise
our products to cater to the specific needs of various segments. As we scale our
business model to meet global demand, we aspire to be amongst the first in India
to export Designed & Made in India wearables and hearables products to the world,” said Shalabh Srivastava, Chief Executive Officer, Zet Town India.
Zet Town India Pvt Ltd is a leading ODM in
India's Hearables and Wearables space with single-point comprehensive product life
cycle support, focusing on design and manufacturing services in the larger IoT domain. It has dedicated teams for Research & Development,
Design, Sourcing, Assembly & Testing and a state-of-the-art manufacturing facility
in Noida with 16 manufacturing lines with advanced testers and a world-class innovation
lab for product development.
About Zetwerk:
Zetwerk is a managed marketplace for contract manufacturing. Zetwerk partners with the world’s leading industrial and consumer
enterprises to get their products manufactured via a global network of small manufacturers,
where Zetwerk helps with supplier selection, pricing and
fulfilment of orders. Zetwerk offers manufacturing solutions
across a diverse range of industries such as Oil & Gas, Renewables, Aerospace,
Infrastructure, Apparel, Electronics and Retail. For customers, Zetwerk’s global manufacturing network ensures products are
manufactured faster, at competitive prices and with world-class quality. In addition,
Zetwerk’s in-house Manufacturing Operating System software,
ZISO, enables digital selection of supply, real-time tracking across stages, visual
updates of products getting made, seamless communication across stakeholders and
quality assurance of the final product, thereby offering customers
peace of mind. For manufacturing partners, Zetwerk drives
higher utilization of manufacturing capacities and offers various portfolio services
(including logistics, raw material procurement, working capital access) to drive
revenue growth and optimize manufacturing costs.