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festive sale: HTech invests Rs 400 cr for Honor brand in India; plans offers of up to Rs 60 cr in festive sale

HTech, a joint venture between PSAV Global and Sheth, is in talks with three contract manufacturers in India to begin local manufacturing of Honor devices by early next year. The company has already invested Rs 400 crore towards setting up operations and distribution channels for the Honor brand in India. HTech aims to sell 50,000 units of the recently launched Honor 90 smartphone during the festive season and is rolling out festive offers worth Rs 60 crore to drive sales.

HTech invests Rs 400 cr for Honor brand in India; plans offers of up to Rs 60 cr in festive sale, ET Retail

Festive Sale: HTech, a joint venture between PSAV Global and Sheth, is in talks with three contract manufacturers in India to begin local manufacturing of Honor devices by early next year. The company has already invested Rs 400 crore towards setting up operations and distribution channels for the Honor brand in India. HTech aims to sell 50,000 units of the recently launched Honor 90 smartphone during the festive season and is rolling out festive offers worth Rs 60 crore to drive sales.

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