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EVM aims to invest 5 Cr. in R&D to promote the growth and innovation in IT & Telecom products

Posted By: sumant March 3, 2022

Mumbai, 3 March, 2022 (GNI): Hundia solutions Pvt Ltd also known as EVM India one of the most trusted companies in the IT and Telecom brand products is all set to invest 5 Cr in research and development as it seeks to expand its presence along with promoting the growth and innovation in IT & Telecom products.

EVM team is expecting to close the annual turnover of current year with Rs.200 crores also estimating an increase of 104% on year-on-year as compared to the previous ones. “We at EVM are constantly working towards upgrading our products with new technology and features bridging the technology gap. The fresh investment of 5 Cr will enable us to achieve our aim of increasing market presence in IT & telecom segment with launch of new advanced products in various categories including SSDs, Gaming Modules, Server Modules, Bluetooth Speakers, TWS audio products, GAN Chargers, Cables & Chargers.” said Vishal Hundia, CEO EVM INDIA (Hundia Infosolutions Pvt. Ltd.)

With a spirit of reinvention & accelerating digital transformation, EVM has emerged stronger than ever during this global pandemic. The company has grown from a B2B status to a PAN India Consumer electronics entity employing considerably a large workforce of 200+ people.

“We have recently added a new flexible SMT line in our Mumbai factory, which has enhanced our production capacity. With flexibility in manufacturing setup, it enables us to manufacture chargers, new generation smart speakers & neckbands in one line. We have added more than 100 new products in current fiscal year. And, with new investment in research and development, we aim to achieve more premium quality products which are exclusively designed for Indian consumers” added Hundia, stated in the press release.

EVM Products come with a unique Pickup & Drop Service, If the device has issues or is defective within the warranty period, EVM India will pick up the device & replace a new one at the customer’s doorstep hassle-free and free of cost. The pickup & Drop service is available on a PAN India basis.ends

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