Zetwerk Opens New Facility To Boost Electronics Manufacturing

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SUMMARY

The 15-acre factory will manufacture control boards for washing machines, refrigerators, air conditioners, and IT hardware, and will employ 1,200 skilled workers at full capacity

The new facility was inaugurated by Union minister Ashwini Vaishnaw, who said two electronics manufacturing clusters will be developed in Tamil Nadu

Zetwerk is looking to launch its IPO this year to raise $400 Mn to $500 Mn at a valuation of over $5 Bn

B2B manufacturing startup Zetwerk inaugurated its seventh manufacturing facility in…



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Zetwerk Opens New Facility To Boost Electronics Manufacturing


SUMMARY

The 15-acre factory will manufacture control boards for washing machines, refrigerators, air conditioners, and IT hardware, and will employ 1,200 skilled workers at full capacity

The new facility was inaugurated by Union minister Ashwini Vaishnaw, who said two electronics manufacturing clusters will be developed in Tamil Nadu

Zetwerk is looking to launch its IPO this year to raise $400 Mn to $500 Mn at a valuation of over $5 Bn

B2B manufacturing startup Zetwerk inaugurated its seventh manufacturing facility in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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