ZinQ Technologies said that its products are now being exported to the Middle East, including Saudi Arabia and Dubai
ZinQ Technologies, an amazon-exclusive accessories brand, has announced that it aims to manufacture 100 per cent localised gadgets including headphones, power banks, keyboards, mouse, etc. by December 2021. The company said that it counts its cutting-edge technology embedded with great design, quality products and experience as its USP.
The company said in a release, “ZinQ Technologies stands committed to the government of India’s vision to turn the country into a global consumer electronics manufacturing hub under the ‘Atmanirbhar Bharat’ initiative. With an eye on exports and reducing the reliance on imports from countries like China, South Korea, Japan, Vietnam and Taiwan among others, ZinQ aims at creating opportunities for India’s youth. “
ZinQ Technologies Founder & Director Arnav Mutneja said, “Currently, close to 50 per cent of our products are sourced from our vendors in India. We still have to depend on imports as we do not have great quality suppliers in India for some key components.”
Supply chain disruption caused by COVID-19 is another factor that has pushed the company to manufacture and source more components locally, the release said.
“However, we are working rigorously with our suppliers and partners to fill in such gaps and reduce our dependence on imports in order to achieve our ambition of 100% localization which we are certain to achieve by the end of this year,” Mutneja added.
Apart from meeting the domestic demand, ZinQ Technologies said that its products are now being exported to the Middle East, including Saudi Arabia and Dubai. In the near future, ZinQ Technologies also aims to export their products to European markets including the United Kingdom, Spain, France, Italy, and Germany.
On the company’s export plans, he further adds, “Today, we are not only manufacturing to meet the rising demand of our products in India but also in the global markets. We are betting on the export strategy as the next stage of growth. This will be a proud moment for our country as we are rapidly working towards our vision to support the Make in India initiative. Our new expansion will showcase India’s skill and talent to produce quality products that will cater to global markets”.