# MIVI to invest Rs 200 crore in new audio electronics factory in Telangana

MIVI (Avishkaran Industries) laid the foundation stone for a new factory at E-City, Tukkuguda in Rangareddy district, Telangana. The company will invest Rs 200 crore, creating 2,000 jobs, with production capacity of 100,000 units per day. The factory is expected to be operational by March 2025.

- Type: New facility
- Announced: 2024-04-06
- Where: E-City, Tukkuguda, Rangareddy district, Telangana, India
- Value: $24.0M (2.00B INR)
- Jobs: 2,000
- Starts operating: Mar 2025
- Status: under construction
- Capacity: 100,000 units per day
- Products: audio electronics, earphones, soundbars, speakers, gaming accessories
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [MIVI](https://endata.com/companies/76661.md)

## Sources

- [bizzbuzz.news](https://www.bizzbuzz.news/national/mivi-to-invest-rs-200-cr-in-its-2nd-mfg-unit-in-ts-1304999), 2024-04-06: "This factory isn’t just bricks and mortar; it’s a symbol of innovation and progress."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.