Mivi inaugurates ₹200-crore manufacturing plant in Hyderabad

Mivi has inaugurated a manufacturing plant in Hyderabad through Avishakaran Industries Private Limited, with an investment of ₹200 crore. The plant can produce about five lakh earbuds and 75,000 soundbars each month. The company said the facility is expected to provide employment to around 2,500 people. The plant will manufacture audio products for the company’s consumer electronics business.

Notable Points

• Industrial approvals: TG-iPASS (2016): TG-iPASS went online in Telangana on 1 April 2016. Its described single-window process covered 40 types of approvals from 23 departments. Applicants could apply, pay fees, respond to queries and download approvals online.
• Industrial infrastructure: TGIIC: The Telangana Industrial Infrastructure Corporation (TGIIC) was established in 2014 to identify and develop potential growth centres. Its stated infrastructure included developed plots or sheds, roads, drainage, water and power.