Bhiwadi Development …Now Micromax is going to launch unit plant in Bhiwadi

Honda plant, Hero Plant, Gillette  and many other prominent plant have already  setup their manufacturing hubs in Bhiwadi. And Now Micromax  is going to join the group (manufacturing plant in Bhiwadi)

Micromax is starting Unit with cost  500 crores  in Bhiwadi Rajasthan’s Alwar District, as the MOU had been signed b/w Rajasthan  State Govt. and Bhagwati product Ltd.

The Upcoming plant of Micromax is spread over 25 acres land and can be the second plant of Bhagwati products Ltd. wherever product like LED TVs, LED Lights, Mobile Handsets of Micromax brands are manufacturing.

The MOU was signed b/w Mr. Rajesh Agarwal, Chairman of Bhagwati products Ltd. and Co founder of Micromax informatics Ltd &  Veenu Gupta, Principal Secretary Industries, Rajasthan &  MD,  Rajasthan  State  Industrial Development & Investment Corporation (RIICO) Ltd. Bhiwadi, Rajasthan Chief Secretary, Mr. C.S. Rajan was additionally present on the occasion.

In an official release it had been said that, by this new plant quite 5,000 individuals are direct employees. In MOU, it’s mentioned that RIICO can support Bhagwati products Ltd. In establishing the ability in pre-decided time duration and supply all necessary infrastructure, system and incentives under several schemes provided by government.

Mr. Rajan said that they powerfully believe prime minister’s vision of create in India and has forever encouraged companies to establish their factories and R & D centers in India. With these  steps the state can get advantages of overall economic developments and lots of youth can get better job opportunities during this region.

It is expected that property rate in Bhiwadi will rise and can be helpful for all those investors who had invested here in near location. If you’re interested for property investment  in Bhiwadi  then Krish Group is  offering 2 and 3 Bhk ready to move in flats in Bhiwadi. Visit official website to know more about these projects.