Gandhinagar: ABAJ Group, a Gujarat based Indian electronics manufacturer, and QThree Ventures, the partner for electronic brands in India have announced a partnership to set up ABAJ-QThree Techpark– a facility to manufacture LED televisions and air conditioners in India.

The facility, said a statement, ‘spreads across 13 acres. It will be outfitted with robotic technology and machinery to meet a demand of 25 lakh LED TVs and 6lakh air conditioners annually. ABAJ-Q Three Techpark will also have a state-of-the-art research and development unit, creating an ecosystem for electronics manufacturing in the country. The project will provide employment opportunities for up to 4,500 people. ABAJ Group and QThree Ventures will be investing Rs. 1000 crores over three years to set up this facility.’

The statement further said, ‘ABAJ-QThree Techpark will manufacture owned brands of ABAJ Groupand QThree Ventures as well as serve as a contract manufacturer for any brand looking to manufacture consumer electronics products. The facility will be an assembly-based manufacturer of LED TVs, with local sourcing of components. With this, the ABAJ-QThree Ventures aims to touch a Rs. 1000 crore annual turnover by 2022. The company also plans to expand the production capabilities to cover consumer electronic products such as refrigerators, washing machines etc. The facility will be equipped with robotic machine technology for manufacturing and assembling of panels for TVs.’

The plant is located in Mahesana, 35 km from Ahmedabad in the state of Gujarat – in close proximity to the upcoming Delhi-Mumbai industrial corridor that enables easy connectivity among six different states in India.

The ABAJ Group is Indian electronics manufacturing entity based in Gujarat. The company established a manufacturing hub called ABAJ Techpark – aimed at building best-in-class electronic products for customers. QThree Ventures has merged with the ABAJ Group to set up ABAJ-QThree Techpark strengthening their manufacturing capabilities and creating employment opportunities in the country.

Chief Minister of Gujarat Shri Vijay Rupani said, “The state of Gujarat has always worked towards promoting the ease of doing business. Our youth and businesspeople have always had an entrepreneurship mindset, helping us reach great heights in this area. I welcome the ABAJ-QThreeTechpark to Mehsana. This world class facility will help put our country on the global map with the potential of becoming an electronics manufacturing hub for the world. I take pride in having such facilities in the state of Gujarat. I congratulate ABAJ Group and QThree Ventures for this landmark facility, that will help create jobs for thousands of citizens.”

Speaking on the partnership, Nirav Patel – Founder & CEO, ABAJ Group, said, “Our government’s vision of ‘Make in India, Make for the World’ inspired us to work towards creating an electronics manufacturing hub in India. ABAJ-QThreeTechpark will be equipped to manufacture LED televisions for any brand worldwide. Equipped with best-in-class technology and robotics machinery, we are ready to help put India on the map as a manufacturing hub.”

Speaking on the new entity Jubin Peter, Founder and Chairman, QThree Venturessaid, “Domestic manufacturing is getting a massive push from the government, to make our country ‘atmanirbhar’. The ABAJ Group has a manufacturing unit in place and is already producing a line-up of high-tech televisions. By partnering with them to create a world-class facility, our endeavour is to bring the best of global expertise and manufacturing capabilities, complemented with our network across India, to present consumers with affordably priced consumer electronics goods in India.”