{"id":37384,"date":"2025-04-30T14:44:54","date_gmt":"2025-04-30T09:14:54","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/04\/30\/from-strength-to-scale-bhagwati-products-ltd-achieves-10x-annual-growth-milestone\/"},"modified":"2025-04-30T14:44:54","modified_gmt":"2025-04-30T09:14:54","slug":"from-strength-to-scale-bhagwati-products-ltd-achieves-10x-annual-growth-milestone","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2025\/04\/30\/from-strength-to-scale-bhagwati-products-ltd-achieves-10x-annual-growth-milestone\/","title":{"rendered":"From Strength to Scale: Bhagwati Products Ltd. Achieves 10X Annual Growth Milestone"},"content":{"rendered":"<div>\n<p><strong><span data-sheets-root=\"1\">New Delhi [India], April 30: <\/span>Bhagwati Products Limited<\/strong>, a strategic joint venture between\u00a0<strong>Micromax Informatics and Shanghai<\/strong><strong>\u2011<\/strong><strong>based Huaqin Technology<\/strong>, has reported an impressive milestone of\u00a0<strong>10X year-on-year growth<\/strong>, driven primarily by its smartphone manufacturing operations. The company clocked a total revenue of\u00a0<strong>\u20b96,200 crore in FY 2024\u201325<\/strong>, underscoring its pivotal role in strengthening India\u2019s electronics manufacturing ecosystem.<\/p>\n<p>With a robust network of\u00a0<strong>manufacturing facilities across Rudrapur, Bhiwadi, Hyderabad, and its flagship 1,000,000 sq. ft. plant in Greater Noida<\/strong>, Bhagwati Products Ltd. is not just focused on manufacturing but also on\u00a0<em>designing in India, for India and the world<\/em>. The brand is committed to enabling a self-reliant tech ecosystem by aligning with the Government of India\u2019s\u00a0<em>Make in India<\/em>\u00a0and\u00a0<em>Design in India<\/em>\u00a0initiatives.<\/p>\n<p>Commenting on the announcement, Mr. Rahul Sharma, Co-founder Bhagwati Products Limited said\u00a0<em>\u201cWe are proud of the significant growth we have achieved in just one year. As a company, we are not only focused on expanding our manufacturing capabilities but also strengthening our design expertise to unlock the full potential of India\u2019s technology ecosystem. Our unique position\u2014combining large-scale manufacturing with advanced design capabilities through our partnership with Huaqin\u2014enables us to deliver end-to-end, high-quality solutions. Supported by progressive government policies &amp; schemes, we remain confident in sustaining this growth and are deeply committed to the vision of Made in India, Made for India.\u201d<\/em><\/p>\n<p>Bhagwati Product Ltd.\u2019s success story is closely linked to its growing list of high-profile partnerships. The company is currently manufacturing smartphones for\u00a0<strong>leading global brands such as OPPO and vivo<\/strong>, tablets for\u00a0<strong>Acer<\/strong>, and chipsets for\u00a0<strong>MiPhi Semiconductors<\/strong>, a joint venture between Micromax and Taiwan-based Phison Electronics.<\/p>\n<p>Recognizing India\u2019s vast market potential and its growing talent pool, Micromax Info and Huaqin\u2019s collaboration has created\u00a0<strong>India\u2019s first \u201c3+N+3\u201d smart hardware platform<\/strong>\u00a0which is focused on:<\/p>\n<ul type=\"disc\">\n<li><strong>3 Core Businesses<\/strong>: Smartphones, Laptops, and Data Center Services<\/li>\n<li><strong>N<\/strong>: A diverse range of additional electronics and smart devices<\/li>\n<li><strong>3 Emerging Areas<\/strong>: Robotics, Software, and Automotive Electronics<\/li>\n<\/ul>\n<p>This framework reflects the company\u2019s strategic intent to master the\u00a0<strong>smartphone ecosystem<\/strong>\u00a0while simultaneously laying the foundation for expansion into\u00a0<strong>IT infrastructure<\/strong>\u00a0and\u00a0<strong>automotive verticals<\/strong>\u00a0in the coming years.<\/p>\n<p>With strong momentum behind its smartphone manufacturing business, Bhagwati Products Ltd. is now preparing for its next phase of growth. The company has announced an\u00a0<strong>investment of \u20b9500 crore<\/strong>, which will be utilised towards\u00a0<strong>expanding existing facilities<\/strong>,\u00a0<strong>exploring new manufacturing locations<\/strong>\u00a0across India and\u00a0<strong>boosting production capacity to 25 million units by FY26.<\/strong>\u00a0This investment underscores Bhagwati\u2019s commitment to scale sustainably while meeting the growing demand for locally manufactured smart devices. The brand\u2019s systematic approach includes investing in\u00a0<strong>automation, R&amp;D, and advanced assembly lines<\/strong>, making India a global hub for next-gen electronics manufacturing.<\/p>\n<p>While smartphones remain a strong pillar, Bhagwati Products Ltd is also working on diversifying its portfolio. With an eye on\u00a0<strong>automotive electronics, software solutions, and robotics<\/strong>, the brand aims to unlock new synergies across sectors by exploring new partnerships along with harnessing India\u2019s growing digital economy and engineering talent.<\/p>\n<p><strong>About Bhagwati Products Limited<\/strong><\/p>\n<p>Founded in 2010, Bhagwati Products Limited (Owned by Micromax Informatics.) is a leading Indian electronics and telecommunications manufacturer known for its innovation, precision engineering, and large-scale production capabilities. Specializing in mobile phones, LED TVs, tablets, batteries, and a range of consumer electronics, BPL has produced over 100 million mobile phones, 15 million tablets\/PCs, and 15 million LED TVs to date. In 2024, Micromax Informatics formed a strategic joint venture with global design leader Huaqin Technology, combining cutting-edge innovation with its manufacturing excellence to deliver high-performance, future-ready solutions. With four advanced manufacturing facilities across Greater Noida, Hyderabad, Bhiwadi, and Rudrapur, BPL ensures world-class reliability and efficiency.<\/p>\n<p>Driven by a commitment to quality and technological advancement, BPL continues to shape the future of digital living\u2014cementing its position as a trusted partner in India\u2019s electronics ecosystem.<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi [India], April 30: Bhagwati Products Limited, a strategic joint venture between\u00a0Micromax Informatics and Shanghai\u2011based Huaqin Technology, has reported an impressive milestone of\u00a010X year-on-year growth, driven primarily by its smartphone manufacturing operations. The company clocked a total revenue of\u00a0\u20b96,200 crore in FY 2024\u201325, underscoring its pivotal role in strengthening India\u2019s electronics manufacturing ecosystem. With&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/dailynewsindia.co.in\/index.php\/2025\/04\/30\/from-strength-to-scale-bhagwati-products-ltd-achieves-10x-annual-growth-milestone\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;From Strength to Scale: Bhagwati Products Ltd. Achieves 10X Annual Growth Milestone&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":37385,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[54],"class_list":["post-37384","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/37384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=37384"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/37384\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/37385"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=37384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=37384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=37384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}