NEW DELHI: Intex<\/a> is aiming to clock around Rs 4200 crore revenue by the end of this fiscal year through March 2018, roughly 4% lower than a year earlier which saw a 30% on-year slump, as the home bred handset maker tries to offset the effects of intense competition by growing its newer consumer electronics business. 电视是一个国际展览中心的主要收入司机的耐用消费品业务。“如果你在移动领域正面临着激烈的竞争,那么你得到一个喘息的耐用消费品业务,”Jain解释道。 新德里消息:国际展览中心目标是时钟大约4200卢比的收入本财年年底到2018年3月,约4%低于去年同期同比下滑了30%,作为培育手机制造商试图抵消激烈竞争的影响,其更新的消费电子业务增长。
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The consumer durable business now contributes around 35% towards the overall revenue. \"You have a big unfulfilled demand in India, and growth will surely come. The consumer business should contribute 50% towards the overall revenue in the coming time,\" Rajeev Jain<\/a>, chief financial officer at Intex Technologies, told ET.
\n
\nTelevision is one the main revenue drivers for Intex’s consumer durable business. \"If you are facing intense competition in the mobile segment, then you get a breather from the consumer durable business,” Jain explained.
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Intex saw its sales plunge 30% to Rs 4,364.08 crore in the year ended March 2017 after the disruption caused by the entry of Reliance Jio Infocomm<\/a> and because of demonetisation. Net profit declined 17% to Rs 127.3 crore. Jain didn’t give any forecast for net profit.
\n
\nBut the company expects revenue to stabilise this fiscal year, helped mainly by its growing consumer durables business.
\n
Intex also begin production of mobile phones and consumer durables from its new and bigger manufacturing<\/a> unit in Kasna, Greater Noida, by February-March 2018, having received all necessary approvals, the executive said. Further, Intex has now begun domestic manufacturing of LED Panels in Baddi, Himachal Pradesh.
\n
\n“We have got the approval from MSIP, central government, and approval under Maha project from the UP government. The factory has got the Maha status,” Jain said.
\n
\nUnder the central government's MSIP scheme, Intex has got the capital subsidy, and from state government, it will get the VAT reimbursement.
\n
Intex will now shut down its existing smartphone<\/a> and feature phone manufacturing and repair facilities in Noida, and shift these facilities to the Kasna factory, which will also make mobile accessories including power banks, batteries and chargers.
\n
\nIntex has already invested Rs 80-85 crore towards this factory, and will now invest Rs 25 crore more going forward. “The project is about consolidation of our other factories and new,” Jain said, adding the company will also start production lines of refrigerators and washing machines in the first phase. “In the second phase, we will start manufacturing air conditioners also.”
\n
\nIntex said that domestic manufacturing of LED panels will ensure better quality control leading to rejection rates being reduced by at least 35% and thereby, result in cost efficiencies. Nidhi Markanday, director, Intex, said that indigenous manufacturing of LED panels will allow the company to significantly reduce turnaround time as dependency on import of panels will end.
\n
\nIntex manufactures 1.8 million LED TVs annually in its Baddi facility, while mobile phones (feature and smart) production stands at 35 million. It makes 1.5 million speakers in Jammu.\n\n<\/p><\/body>","next_sibling":[{"msid":61769124,"title":"Why Apple's HomePod is three years behind Amazon's Echo","entity_type":"ARTICLE","link":"\/news\/why-apples-homepod-is-three-years-behind-amazons-echo\/61769124","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":61768843,"entity_type":"ARTICLE","title":"Intex eyes Rs 4200 crore revenue this fiscal; kicks off domestic LED Panel production","synopsis":"Television is one the main revenue drivers for Intex\u2019s consumer durable business. \"If you are facing intense competition in the mobile segment, then you get a breather from the consumer durable business,\u201d Jain explained.","titleseo":"telecomnews\/intex-eyes-rs-4200-crore-revenue-this-fiscal-kicks-off-domestic-led-panel-production","status":"ACTIVE","authors":[{"author_name":"Danish Khan","author_link":"\/author\/479206691\/danish-khan","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479206691.cms?width=100&height=100&hid=268","author_additional":{"thumbsize":true,"msid":479206691,"author_name":"Danish Khan","author_seo_name":"danish-khan","designation":"Senior Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2017-11-23 19:23:08","lastupd":"2017-11-23 19:23:08","breadcrumbTags":["Intex","Rajeev Jain","Smartphone","Devices","demonitisation","MakeInIndia","Manufacturing","Reliance Jio Infocomm"],"secinfo":{"seolocation":"telecomnews\/intex-eyes-rs-4200-crore-revenue-this-fiscal-kicks-off-domestic-led-panel-production"}}" data-authors="[" danish khan"]" data-category-name="" data-category_id="" data-date="2017-11-23" data-index="article_1">
国际展览中心的眼睛4200卢比这个财政收入;LED面板开始国内生产
现在的耐用消费品业务对整体营收贡献约35%。“你在印度有一个很大的未实现的需求,和增长肯定会来。消费者业务应向整体营收贡献50%在接下来的时间,“拉杰夫贾殷首席财务官在国际展览中心技术,告诉等。
电视是一个国际展览中心的主要收入司机的耐用消费品业务。“如果你在移动领域正面临着激烈的竞争,那么你得到一个喘息的耐用消费品业务,”Jain解释道。
国际展览中心销售额下降30%。08 4364卢比在截至2017年3月后造成的破坏的条目依赖Jio Infocomm因为demonetisation。净利润下跌17%,至127.3卢比。耆那教的没有给任何预测净利润。
但该公司预计本财政年度收入稳定,帮助主要由其耐用消费品增长业务。
国际展览中心也开始生产手机和耐用消费品的新的和更大的制造业单位Kasna,大诺伊达2 - 2018,收到所有必要的批准,。此外,国际展览中心现已开始国内制造业Baddi LED显示屏的喜马偕尔邦。
“我们已经得到了批准MSIP,中央政府,政府批准在摩诃项目。工厂有摩诃状态,”Jain说。
根据中央政府MSIP计划,国际展览中心有资本补贴,从政府,它将获得增值税报销。
国际展览中心将关闭其存在智能手机在诺伊达和功能手机制造和维修设施,这些设施转移到Kasna工厂,这也将使移动配件包括银行,电池和充电器。
国际展览中心已经向这家工厂投资80 - 85卢比,现在投资25卢比。“我们的项目是关于整合其他工厂和新的“Jain说,添加该公司还将开始生产线的冰箱和洗衣机在第一阶段。“在第二阶段,我们将开始生产空调也。”
国际展览中心表示,国内制造业的LED面板将确保更好的质量控制导致拒绝利率从而降低至少35%,导致成本效益。国际展览中心主任怀Markanday表示,本土制造的LED面板将允许该公司大幅减少周转时间依赖进口板将结束。
国际展览中心每年生产180万LED电视Baddi设施,而手机(功能和智能)生产达3500万人。它使150万年查谟扬声器。
NEW DELHI: Intex<\/a> is aiming to clock around Rs 4200 crore revenue by the end of this fiscal year through March 2018, roughly 4% lower than a year earlier which saw a 30% on-year slump, as the home bred handset maker tries to offset the effects of intense competition by growing its newer consumer electronics business.
\n
The consumer durable business now contributes around 35% towards the overall revenue. \"You have a big unfulfilled demand in India, and growth will surely come. The consumer business should contribute 50% towards the overall revenue in the coming time,\" Rajeev Jain<\/a>, chief financial officer at Intex Technologies, told ET.
\n
\nTelevision is one the main revenue drivers for Intex’s consumer durable business. \"If you are facing intense competition in the mobile segment, then you get a breather from the consumer durable business,” Jain explained.
\n
Intex saw its sales plunge 30% to Rs 4,364.08 crore in the year ended March 2017 after the disruption caused by the entry of Reliance Jio Infocomm<\/a> and because of demonetisation. Net profit declined 17% to Rs 127.3 crore. Jain didn’t give any forecast for net profit.
\n
\nBut the company expects revenue to stabilise this fiscal year, helped mainly by its growing consumer durables business.
\n
Intex also begin production of mobile phones and consumer durables from its new and bigger manufacturing<\/a> unit in Kasna, Greater Noida, by February-March 2018, having received all necessary approvals, the executive said. Further, Intex has now begun domestic manufacturing of LED Panels in Baddi, Himachal Pradesh.
\n
\n“We have got the approval from MSIP, central government, and approval under Maha project from the UP government. The factory has got the Maha status,” Jain said.
\n
\nUnder the central government's MSIP scheme, Intex has got the capital subsidy, and from state government, it will get the VAT reimbursement.
\n
Intex will now shut down its existing smartphone<\/a> and feature phone manufacturing and repair facilities in Noida, and shift these facilities to the Kasna factory, which will also make mobile accessories including power banks, batteries and chargers.
\n
\nIntex has already invested Rs 80-85 crore towards this factory, and will now invest Rs 25 crore more going forward. “The project is about consolidation of our other factories and new,” Jain said, adding the company will also start production lines of refrigerators and washing machines in the first phase. “In the second phase, we will start manufacturing air conditioners also.”
\n
\nIntex said that domestic manufacturing of LED panels will ensure better quality control leading to rejection rates being reduced by at least 35% and thereby, result in cost efficiencies. Nidhi Markanday, director, Intex, said that indigenous manufacturing of LED panels will allow the company to significantly reduce turnaround time as dependency on import of panels will end.
\n
\nIntex manufactures 1.8 million LED TVs annually in its Baddi facility, while mobile phones (feature and smart) production stands at 35 million. It makes 1.5 million speakers in Jammu.\n\n<\/p><\/body>","next_sibling":[{"msid":61769124,"title":"Why Apple's HomePod is three years behind Amazon's Echo","entity_type":"ARTICLE","link":"\/news\/why-apples-homepod-is-three-years-behind-amazons-echo\/61769124","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":61768843,"entity_type":"ARTICLE","title":"Intex eyes Rs 4200 crore revenue this fiscal; kicks off domestic LED Panel production","synopsis":"Television is one the main revenue drivers for Intex\u2019s consumer durable business. \"If you are facing intense competition in the mobile segment, then you get a breather from the consumer durable business,\u201d Jain explained.","titleseo":"telecomnews\/intex-eyes-rs-4200-crore-revenue-this-fiscal-kicks-off-domestic-led-panel-production","status":"ACTIVE","authors":[{"author_name":"Danish Khan","author_link":"\/author\/479206691\/danish-khan","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479206691.cms?width=100&height=100&hid=268","author_additional":{"thumbsize":true,"msid":479206691,"author_name":"Danish Khan","author_seo_name":"danish-khan","designation":"Senior Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2017-11-23 19:23:08","lastupd":"2017-11-23 19:23:08","breadcrumbTags":["Intex","Rajeev Jain","Smartphone","Devices","demonitisation","MakeInIndia","Manufacturing","Reliance Jio Infocomm"],"secinfo":{"seolocation":"telecomnews\/intex-eyes-rs-4200-crore-revenue-this-fiscal-kicks-off-domestic-led-panel-production"}}" data-news_link="//www.iser-br.com/news/intex-eyes-rs-4200-crore-revenue-this-fiscal-kicks-off-domestic-led-panel-production/61768843">
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