Damson Technologies announced setting up a best-in-class manufacturing facility in Ahmedabad, Gujarat. Three phases of investments are estimated at Rs 200 crore. The new facility is designed to help increase the production of flagship product JUST CORSECA. This facility will cater to a comprehensive set of smart accessories and lifestyle products for leading brands in India, as it meets the mounting demand in the market. The investment covers Rs 110 crore for the plant construction, Rs 60 crore for advanced machinery, and Rs 30 crore for improving manufacturing processes.

This will be a flagship facility for the production of high-quality audio equipment products, such as TWS earbuds, personal audio equipment, and home entertainment systems, with a focus on both technological excellence and reliability, catering to a diverse set of market demands. The initiative also supports the "Make in India" initiative of India, as production gets localized, and nearly 500 jobs for local residents in the Ahmedabad area are created.

The complex will have six assembly lines in Phase 1, with initial production capacity of 3 lakh units per month. It will gradually reach 10 lakh units per month in Phase 3 by further adding 20 assembly lines. "We will scale up operations gradually to cater to domestic and overseas demand", said Damson Technologies.

Under the leadership of Ritesh Goenka, Managing Director of Damson Technologies, the company is well-positioned to dominate the smart accessory market with a focus on research and development. A dedicated $10m R&D fund will work towards the integration of third-generation innovation like AI-enabled products, application control, and voice-assisted features in products.