TELECOM
Bhagwati Products Limited (BPL), the parent of Micromax and India’s first Intelligent Product Platform, is rapidly transforming into the country’s fastest-growing Original Design Manufacturer (ODM). The company is targeting ₹15,000 crore revenue in FY 2025-26, driven by large-scale smartphone manufacturing, design-led innovation, and aggressive expansion into consumer electronics and components.
In April 2025, BPL achieved a 10X revenue surge to ₹6,200 crore, just 8 months after its JV approval. Currently, the company manufactures and ships 2 million smartphones per month, powering global brands like vivo, OPPO, OnePlus, Lenovo, Acer, and MiPhi. To meet this demand, BPL is expanding operations with a new manufacturing facility near its 1.5 million sq. ft. Greater Noida plant.
Rahul Sharma, Co-founder of BPL, emphasized, “Our journey is about speed, scale, and skill. We are investing in design-led manufacturing and future-ready capabilities to make India a global electronics hub.”
BPL has grown its workforce from 1,000 to nearly 10,000 employees in under a year, with plans to invest $10 million in upskilling and hiring under a Knowledge Transfer Program with Huaqin. By 2025-end, the company aims to produce 25 million devices, spanning smartphones, tablets, wearables, and storage devices.
Moving beyond contract manufacturing, BPL is entering component production, starting with displays and mechanics, positioning itself as India’s first true ODM. This aligns with India’s Make in India, Design in India, and Atmanirbhar Bharat missions, reinforcing the country’s push towards becoming a global technology and manufacturing powerhouse.
With relentless innovation, strategic investments, and global partnerships, BPL is set to redefine India’s electronics manufacturing ecosystem, emerging as a trusted partner for global brands and a key driver of India’s digital economy.
In April 2025, BPL achieved a 10X revenue surge to ₹6,200 crore, just 8 months after its JV approval. Currently, the company manufactures and ships 2 million smartphones per month, powering global brands like vivo, OPPO, OnePlus, Lenovo, Acer, and MiPhi. To meet this demand, BPL is expanding operations with a new manufacturing facility near its 1.5 million sq. ft. Greater Noida plant.
Rahul Sharma, Co-founder of BPL, emphasized, “Our journey is about speed, scale, and skill. We are investing in design-led manufacturing and future-ready capabilities to make India a global electronics hub.”
BPL has grown its workforce from 1,000 to nearly 10,000 employees in under a year, with plans to invest $10 million in upskilling and hiring under a Knowledge Transfer Program with Huaqin. By 2025-end, the company aims to produce 25 million devices, spanning smartphones, tablets, wearables, and storage devices.
Moving beyond contract manufacturing, BPL is entering component production, starting with displays and mechanics, positioning itself as India’s first true ODM. This aligns with India’s Make in India, Design in India, and Atmanirbhar Bharat missions, reinforcing the country’s push towards becoming a global technology and manufacturing powerhouse.
With relentless innovation, strategic investments, and global partnerships, BPL is set to redefine India’s electronics manufacturing ecosystem, emerging as a trusted partner for global brands and a key driver of India’s digital economy.
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.
