The Union Minister of Road Transport and Highways & Micro, Small and Medium Enterprises (MSME), Nitin Gadkari on Thursday inaugurated the product manufacturing and innovation firm, VVDN Technologies’ new Global Innovation Park (GIP) in Manesar, Haryana, via video conferencing.
Spread across a 10-acre area, VVDN’s Global Innovation Park (GIP) includes an R&D and electronic manufacturing facility. It is one of its kind of facilities in the country that can accommodate 100,000 people over the next three years.
Founded in 2007, VVDN Technologies provides engineering and manufacturing services to its customers. The company works on next-generation technology innovations and has established R&D centers across India as well as best-in-class manufacturing facilities in Manesar. With its new GIP facility, VVDN is looking at a significant increase in its current capacity for electronic product engineering and manufacturing for a wider range of solutions including 5G equipment, trackers, dash cams, cameras and Wi-Fi access points.
Speaking on the occasion, Gadkari stated, “It is an achievement for Govt of India’s vision for an Atamanirbhar Bharat when Indian tech companies like VVDN take on the challenge of designing and manufacturing high-tech electronics products and components in India, and set their eyes for global success”.
VVDN’s CEO Bhupender Saharan said, “The inauguration of GIP is an important milestone in the company's ongoing efforts to help India emerge as a hub of engineering innovation excellence and robust manufacturing. This Global Innovation Park, along with ten other R&D centers and four manufacturing facilities across the country, will help us to continuously innovate on the latest technologies, especially in the 5G, WiFi, cloud and vision IoT space.”
In a letter to the company management, Prime Minister Narendra Modi also conveyed his heartiest congratulations and best wishes to the VVDN team for their efforts to make India self-reliant and self-sufficient.
The company’s founding team comprising Bhupender Saharan, Puneet Agarwal, Vivek Bansal and Murali Jayraman expressed their gratitude to Prime Minister Modi for recognising their efforts.
The company also announced that it would be hiring more than 10,000 employees over the next 12 months as part of its ongoing commitment to accelerate the pace of technology innovation, design and manufacturing in India initiative for the electronics industry. Even during the COVID-19 lockdown timeframe the company had successfully hired and on-boarded 500 employees across India, it claimed in a press release issued on the occasion.