Aavishkaran Industries, the parent of Hyderabad audio brand Mivi, has set up a ₹200 crore R&D and manufacturing facility at E-City, Tukkuguda, in Ranga Reddy district. IT and Industries Minister Duddilla Sridhar Babu inaugurated it on Saturday.
The plant
- Investment: ₹200 crore
- Capacity: 5 lakh earbuds and 75,000 soundbars a month
- Jobs: about 2,500, direct and in the supply chain
- Expansion: Mivi has asked for another 100 acres
- Products: earbuds, headphones, speakers and soundbars; it recently entered smartphones with the Mivi One 5G
Sridhar Babu said the government is prioritising manufacturing and, under its Telangana Rising–2047 vision, building electronics clusters and hardware parks and moving into chip design and semiconductor manufacturing. Telangana Today reported that state manufacturing grew 7.7% in 2025–26 and contributed ₹1.37 lakh crore to GSVA. The minister cited NITI Aayog's estimate that India's electronics manufacturing could reach $500 billion by 2030.
