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

Mumbai, 21^st February, 2022: 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.

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.

About EVM (Hundia Info Solutions Pvt. Ltd) (evmzone.com)

EVM, incorporated in 2008, is one of India’s leading privately held company with a strong presence in Consumer Durables, IT and Mobile Accessories. Envisioned 13 years ago, the company was started with a vision to improve the lives of people by giving them easy access to the latest technology and smart value products. EVM is a ‘Made In India’ consumer electronic brand which focuses on consumer’s needs and provides value for money products. EVM brand already exists in the Indian market (B2B) and has a strong distribution channel across the country. The company has more than 500+ service centers.