Audio products maker Mivi says investing Rs 200 cr for second manufacturing facility in Telangana

NEW DELHI: Homegrown audio products maker Mivi (Avishkaran Industries) Friday said it is investing Rs 200 crore in Telangana to set up its second research and development and manufacturing facility, which will generate employment for 2,000 people. The new factory is expected to be operational by March 2025.

“The ceremony was graced by the principal secretary of the state, Jayesh Ranjan and vice-chairman of the state TSIIC (Telangana State Industrial Infrastructure Corporation), Mr. Vishnu Vardhan,” Mivi said in a statement.