QThree Ventures picks up stake in ABAJ Techpark

QThree Ventures, the preferred partner for electronic brands in India, has invested in Gujarat-based manufacturing company ABAJ Techpark to offer production capabilities for brands looking to build consumer products in India.

Now rechristened as the ABAJ-QThree Techpark, the facility is a state-of-the-art plant manufacturing LED televisions and air conditioners located in Mehsana, 35 km from Ahmedabad in the state of Gujarat. ABAJ QThree Techpark will invest Rs. 1000 crores to increase the manufacturing output to 25lakh LED televisions and 6lakh air conditioners annually.

Spread over 13 acres, the ABAJ-QThree Techpark is equipped with robotic technology and machinery, a world class R&D unit, and create an ecosystem for electronics manufacturing in India, for the country and the world. The partnership brings the best of global expertise and manufacturing capabilities, complemented by a strong network across India, to present consumers with affordably priced consumer electronics goods in India. In line with the government’s vision of ‘Make in India, Make for the World’ the ABAJ-QThree Techpark is equipped to manufacture LED televisions for any brand across the world. 

ABAJ QThree Techpark will shortly expand its manufacturing capabilities to include more consumer electronic products such as refrigerators, washing machines etc.

The ABAJ QThree Techpark is already into making LED televisions for owned brands of ABAJ Group and QThree Ventures. It also manufactures consumer electronics products for leading global and domestic companies looking to build consumer electronics products. The new outfit will soon expand the production capabilities to cover consumer electronic products such as refrigerators, washing machines etc.