Zetwerk to make IT hardware, EV components in new foray

Manufacturing services firm Zetwerk is foraying into the IT hardware business with production of laptops and also gearing up to make components for electric vehicle (EV) makers, the company’s cofounder, Rahul Sharma, told ET.

Zetwerk, which became a unicorn in 2021, is looking to invest more than Rs 1,000 crore into its consumer electronics business over the next three years, and will expand its footprint beyond north India with three new facilities in the southern part of the country, Sharma said.