Damson Tech Invests ?150 Million in Indian Production Shift

17 Apr 2024 CW Team

Damson Tech, a leading electronics manufacturer, is set to relocate its smart gadgets production to India, investing a whopping ?150 million in the first year alone. This strategic move aligns with the company's vision of expanding its global footprint while capitalizing on India's growing market potential and conducive business environment.

With this significant investment, Damson Tech aims to leverage India's skilled workforce and robust infrastructure to enhance its production capabilities and meet the increasing demand for smart gadgets in both domestic and international markets. The company plans to establish state-of-the-art manufacturing facilities equipped with cutting-edge technology to ensure high-quality production standards.

This transition to India marks a milestone for Damson Tech, positioning the company to tap into the country's vast consumer base and capitalise on the burgeoning electronics sector. By localising production, Damson Tech aims to streamline operations, reduce costs, and offer competitive pricing to consumers, further strengthening its market presence.

Moreover, the move underscores Damson Tech's commitment to sustainable and ethical business practices. By shifting production to India, the company seeks to contribute to the country's economic growth, create employment opportunities, and foster technology transfer, thereby empowering local communities and supporting India's development goals.

The decision to invest ?150 million in the first year underscores Damson Tech's confidence in India's potential as a manufacturing hub and its long-term commitment to the market. As the company embarks on this transformative journey, it remains dedicated to innovation, quality, and customer satisfaction, striving to deliver cutting-edge smart gadgets that enrich lives and redefine the future of technology.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..