eSys Technologies to set up Rs 250cr PC plant at Baddi

New Delhi, Feb 21 (UNI) Having acquired Singapore-based IT distribution and computer maker eSys Technologies, Chennai-based Teledata Informatics today said the latter will set up a PC manufacturing unit in Himachal Pradesh at Rs 250 crore.

eSys is also mulling shutting down its existing unit here and relocating to the proposed plant.

''The company might shut down the Delhi plant and shift the entire manufacturing capabilities to the new centre,'' eSys group CMD Vikas Goel, who will takeover as the new CEO of Teledata Technologies, said.

The planned facility in Baddi will have an installed capacity of 12,00,000 units per annum and will be operational within this year.

This plant would provide employment opportunities to nearly 300-400 people in the region.

Facilities like R&D, product reliability engineering, incoming quality control (IQC), logistics and MIS would be part of the plant, the company added.

Teledata picked up 49 per cent stake in eSys Technologies for 105 million dollars (Rs 470 crore) on Monday.

''We are very impressed by the growth which eSys achieved in a short span of time. Their business model is robust, and we see our investment as an opportunity to partner in eSys' growth,'' company's Managing Director K Padmanabhan said earlier.

Teledata Informatics Ltd, a 234-million-dollar software solutions and services company, has global operations across 15 countries.

UNI