Titan Intech has announced its plans to form a new electric manufacturing service (EMS) after getting the nod to establish its Board of Directors. This facility will include both OEM and ODM that is original equipment manufacturers and original design manufacturers to improve the manufacturing proficiency of the company as well as encourage innovation.
The main strategy will be to concentrate on the COB mini-LED backlighting and cater to the Railways and Defence needs in the Indian and international markets. The entire project is projected to cost approximately Rs 550 crore.
With this, Titan Intech could fulfil a broad spectrum of customer needs, which in turn, help the company drive its initiatives such as ‘Make in India’ and ‘Digital India’.