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Intex explores joint venture or exit opportunities for its handset business

May 17, 2019
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As per industry sources, Intex has put its manufacturing plant in Kasna, Greater Noida for sale. The 20-acre Kasna plant which was set up with an initial investment of Rs 5 billion was supposed to produce 40 million phones a year in full capacity.

The company has said that it is exploring various opportunities including joint venture or exit.

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