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Micromax plans to set up two units near Hyderabad

They (the company) came to us for land. We offered 30 acres for solar cells manufacturing unit in Fabcity near the international airport. We have also shown them land fro mobile phone manufacturing unit in Electronic SEZ," he told PTI. Valavan said the company officials are likely to come out with a detailed project report on mobile manufacturing units by the end of this month. 
"The company officials have visited both places and expressed satisfaction. For the solar cell project, they wanted 30 to 35 acres and for mobile manufacturing unit they are yet to make a request. The investment for solar unit will be more than Rs 1,500 crore," Valavan said. 
According to reports, Micromax currently has been selling 1 million units per month through its retailer network and plans to double this figure in the next six months. 
At present, the company imports handsets from Taiwan, South Korea and China. The company produces fixed wireless telephone equipment from its plant in Baddi, Himachal Pradesh.

Micromax plans to set up two units near Hyderabad

They (the company) came to us for land. We offered 30 acres for solar cells manufacturing unit in Fabcity near the international airport. ...

Commercial crop farmers hit by rains

The worst-affected were cotton farmers whose crop on about one lakh acre in the three districts were damaged. 
 
According to agriculture department sources here today, cotton crops were soaked in rain water for three days and this would spoil the cotton. 
 
A group of cotton farmers at Managalagiri in Guntur District told reporters the farmers started harvesting cotton a month ago and the operations were still on. The rains had affected the operations as the crop was damaged. 
 
The farmers said usually they yield 15 quintals of cotton in an acre but now they expect only five to six quintals. 
 
Besides, the colour of the cotton would change and quantity would decline considerably, they explained. 
 
The farmers said that a few days ago, they were being offered Rs 4,000 per quintal and now they hardly expect less than Rs 2,000 per quintal.

Commercial crop farmers hit by rains

The worst-affected were cotton farmers whose crop on about one lakh acre in the three districts were damaged. According to agriculture de...

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