Zetwerk: Zetwerk mulls public listing within two years, cofounder says

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Zetwerk is considering a stock market listing within 24 months, at a time when the contract manufacturer is ramping up electronics production, its CEO and cofounder said on Saturday.

“Global companies are moving production to India. This is happening today; this will happen once in our lives probably,” Amrit Acharya, CEO and cofounder of Zetwerk, told reporters.

Electronics manufacturing has gained momentum in India over the last few years as global technology giants, including Alphabet‘s Google and Apple diversify their supply chain away from China.



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Zetwerk: Zetwerk mulls public listing within two years, cofounder says


Zetwerk is considering a stock market listing within 24 months, at a time when the contract manufacturer is ramping up electronics production, its CEO and cofounder said on Saturday.

“Global companies are moving production to India. This is happening today; this will happen once in our lives probably,” Amrit Acharya, CEO and cofounder of Zetwerk, told reporters.

Electronics manufacturing has gained momentum in India over the last few years as global technology giants, including Alphabet‘s Google and Apple diversify their supply chain away from China.



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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