Damson Tech Announces Plan to Shift Smart Gadgets Production to India

Lifestyle and mobile accessories manufacturer Damson Technologies reveals ambitious move to relocate manufacturing operations from China to India.

In a strategic move aimed at bolstering local manufacturing and leveraging India's conducive business environment, lifestyle and mobile accessories maker Damson Technologies has unveiled plans to transfer half of its production operations from China to India. The company intends to make an initial investment of ₹150 crore in the current fiscal year to kickstart this transition.

Ritesh Goenka, Managing Director of Damson Technologies, revealed to PTI that the decision to relocate manufacturing stems from the repercussions of sanctions imposed by multiple countries on China, combined with the enticing incentives offered by government initiatives in India.

Damson Technologies, known for its production of electronics and mobile accessories, plans to transition a significant portion of its manufacturing activities to India under its brand name "Just Corseca."

The announcement signals a significant stride towards enhancing India's self-reliance in the manufacturing sector, while also positioning Damson Technologies as a proactive contributor to the country's economic growth and technological advancement. As the company embarks on this transformative journey, industry stakeholders eagerly anticipate the unfolding impact of this strategic shift in production operations.