Zetwerk plans to invest ₹500 crore over the next two years to enhance its renewable energy manufacturing capabilities. Cofounder and COO Srinath Ramakkrushnan revealed that the investment will be a mix of debt and equity based on the company’s balance sheet. Zetwerk aims to grow in solar and offshore wind, focusing on the US and […]
Zetwerk Manufacturing has secured a significant order from NTPC Renewables to supply 1,515 megawatt peak (MWp) of solar photovoltaic (PV) modules for NTPC’s 1.2 gigawatt Khavda Solar Project in Gujarat. This order, valued at around ₹2,000 to ₹2,500 crore, is four times larger than a previous order from NTPC in 2023. The modules, which will […]
Zetwerk is rapidly positioning itself as a global manufacturing powerhouse, leveraging its expertise in contract manufacturing to support India’s goal of becoming a $5 trillion economy. Co-founders Amrit Acharya and Srinath Ramakkrushnan highlighted how the company has grown significantly, particularly in the renewables sector, which now accounts for 40% of their revenue. Zetwerk has also […]
India and the US stand to benefit greatly from a formalized partnership in electronics system design and manufacturing (ESDM), which could boost trade, create jobs, and diversify global supply chains. India’s ESDM market is expected to grow from $155 billion today to $350 billion by 2027, while the US remains a leader in global value […]
Zetwerk has welcomed Vinod Kumar Dasari, former CEO of Royal Enfield, to its board of directors. With a wealth of experience in the manufacturing industry, Dasari will provide strategic guidance as the company ventures into new markets. His addition to the board, effective from July 1, is expected to accelerate Zetwerk’s growth trajectory and enhance […]
Zetwerk Manufacturing and SMILE Electronics have partnered to establish three advanced IT hardware factories in India. The first facility, located in Devanahalli near Bengaluru, will feature fully automated production lines for assembling, testing, and packing IT hardware like desktops, laptops, and energy meters. Two additional factories are planned for Tamil Nadu and Andhra Pradesh. This […]
India’s semiconductor and electronics manufacturing sectors are rapidly growing but face a critical shortage of skilled workers, particularly in engineering, shop-floor management, and purchasing. While the demand for skilled labor is increasing, the industry only fills about 60% of its needs. This shortage is particularly acute among fresh graduates, prompting calls for greater collaboration between […]
Zetwerk has been ranked among the top 100 most valuable brands in India for 2024 by Brand Finance, securing the 64th position overall and 2nd within the engineering category. This recognition highlights the company’s commitment to excellence in cost, time, and quality, as well as its strategic investments in brand building. Amrit Acharya, co-founder, and […]
After 17 successful years as a scientist with DRDO, Radhika P founded Pinaka Aerospace in 2007 to bridge the gap between cutting-edge technology and practical solutions in India’s defense and aerospace sectors. Radhika’s journey began with a BSc in Hyderabad and an MSc in Computer Science in Mysuru, leading to her role in DRDO where […]
Zetwerk emphasizes the continuous training of shop-floor workers in areas such as manpower management, conflict resolution, mass communication, and basic computer skills, according to co-founder Rahul Sharma. The company promotes cross-training and offers well-structured, ongoing training to support skill development and continuous improvement within its workforce.
Josh Foulger, president of Zetwerk Electronics, has called on the Indian government to eliminate restrictions on the production-linked incentive (PLI) scheme for mobile phones to attract more companies in the Android smartphone sector. He noted that the current PLI scheme has limited growth opportunities, particularly for Android phone manufacturers, and advocated for a more open […]
Unicorn startup Zetwerk on Thursday said it has received $20 million (about Rs 165 crore) investment from IndiGo Airline promoter Rakesh Gangwal. Gangwal is the last investor in the ongoing funding round of Zetwerk at $2.8 billion enterprise value. “We are delighted to share that Rakesh Gangwal has invested $20 million in Zetwerk through Wheelhouse […]
“The world of consumer electronics and overall ESDM (Electronics Systems Design and Manufacturing) is undergoing a paradigm shift, and India is already playing a pivotal role. The country is building new supply chains in every electronics category to integrate with domestic and Global Value Chains, and Zetwerk is aiming to be among the top 3 […]
Zetwerk Manufacturing on Thursday said it has entered into an agreement with NTPC Renewable Energy Ltd (REL) for supply of solar photovoltaic modules of 375 MW capacity for Bhuj solar project. “Zetwerk’s global supply chain enables leaner, cleaner, greener manufacturing. We look forward to supporting this important project with fast and reliable execution,” said Abhay […]
Zetwerk Manufacturing, a marketplace for contract manufacturing, said on Thursday that it had appointed Pulkit Bhandari as its chief financial officer. As the CFO, Bhandari will collaborate closely with the founders on strategy, anchor Zetwerk’s financial planning and capital allocation initiatives, and work with existing teams to strengthen the company’s financial frameworks. He will also […]
B2B contract manufacturing marketplace Zetwerk reportedly raised INR 100 Cr in debt funding from the likes of Edelweiss Group, along with one more fund and multiple high net-worth individuals (HNIs). A Mint report citing sources noted that the debt was raised by issuing non-convertible debentures (NCDs) with around INR 83 Cr coming from Edelweiss Credit Plus […]
Zetwerk on Thursday said it secured an order with Indian Oil Corporation (IOCL) to set up morethan 1,400 EV fast chargers across India through competitive bidding. With this association, Zetwerk is supporting IOCL’s aspiration to become a 360-degree energysolutions provider company, actively investing in emerging mobility trends such as EVs. Fuelling IOCL’s ambitious green agenda, […]
Srinath Ramakkrushnan, Co-Founder of Zetwerk
“We are looking to improvise on the patent laws so that we can invite more R&D, more research, more innovation to India,” Goyal said at the ‘Mint Zetwerk Smart Manufacturing Summit 2023 on Thursday.
Rahul Sharma, co-founder, Zetwerk, began his career as an engineer but was soon enticed by the startup ecosystem
Aspart of our series about “How To Use Digital Transformation To Take Your Company To The Next Level”, I had the pleasure of interviewing Anirudh Reddy. Anirudh Reddy is the Director of Strategic Initiatives and North American business for Zetwerk, the leading global source for contract manufacturing. Before joining Zetwerk, he worked at Ather Energy […]
Bangalore: Zetwerk Manufacturing, a global source of manufacturing across industrial and consumer products, announced that it has been recognised as one of India’s Best Workplaces for Manufacturing 2023, by the Great Place To Work (GPTW) Institute. The recognition is based on an assessment of employee ratings of their workplace culture, including the level of fairness […]
Note to Readers: Germ of an Idea is a series about the entrepreneurial idea — how it was conceived, shaped and launched, detailing the early days filled with uncertainty and apprehension, the bold steps taken and the eventual success. The series hopes to inspire thousands of potential Indian entrepreneurs who are on the cusp of starting […]
The minister, at the Mint-Zetwerk Smart Manufacturing Summit 2023, said the PLI should not be thought of as a permanent solution.
In this interview with TechBullion, Anirudh Reddy, Head of North America Business at Zetwerk Manufacturing talks about the role technology is playing in enhancing global manufacturing and minimizing supply chain disruptions. Please tell us more about yourself. My name is Anirudh Reddy. I joined Zetwerk in 2019 and have built Zetwerk’s North American Business from […]
Lower limits on new highways meant for travel at higher speeds pose challenges for commuters, Gadkari said at the Mint Zetwerk Smart Manufacturing Summit 2023 on Thursday.
Industry executives said that component manufacturing through government incentive schemes would help India become self-reliant and an alternative to China for global supply chains
Smart manufacturing summit focuses on making the nation the world’s factory
Over the last five years, manufacturing services firm Zetwerk has leveraged niche opportunities to grow its revenues 310 times. Now it is finetuning its business model to look beyond India
The manufacturing unicorn employs people from diverse backgrounds to bring in fresh perspectives
The India-based company is a manufacturing partner for aerial vehicles, defence systems, aircraft parts, rocket casings, and other critical components. The five-year old company currently has a workforce of about 2,200 employees across India, US, Singapore and UAE.
In an interview to ET Infra, Vishal Chaudhary, Co-founder, Zetwerk talks about the company's future outlook, engagement with L&T and capex plans
In contemporary logistics, data-driven procurement plays a crucial role. By utilizing data and analytical tools, companies can make well-informed choices while procuring logistics services. This, in turn, leads to enhanced efficiency, better transparency, and lower expenses.
The government must establish regulations supporting the domestic production of renewable equipment, offer finacial incentives to regional producers, and create a robust supply chain.
Your views on the developments taking place in the high speed rail corridor and metro rails with the formation of National High-Speed Rail Corporation (NHSRCL) in 2016, the dream of having high speed rail corridors in India with trains running at speed of around 250 km/hr is coming to a reality. With around 300 km of route length for Mumbai-Ahmedabad under […]
In contemporary logistics, data-driven procurement plays a crucial role. By utilizing data and analytical tools, companies can make well-informed choices while procuring logistics services. This, in turn, leads to enhanced efficiency, better transparency, and lower expenses.
Note to Readers: Germ of an Idea is a series about the entrepreneurial idea — how it was conceived, shaped and launched, detailing the early days filled with uncertainty and apprehension, the bold steps taken and the eventual success. The series hopes to inspire thousands of potential Indian entrepreneurs who are on the cusp of starting […]
Zetwerk on Thursday said it secured an order with Indian Oil Corporation (IOCL) to set up morethan 1,400 EV fast chargers across India through competitive bidding. With this association, Zetwerk is supporting IOCL’s aspiration to become a 360-degree energysolutions provider company, actively investing in emerging mobility trends such as EVs. Fuelling IOCL’s ambitious green agenda, […]
Smart manufacturing summit focuses on making the nation the world’s factory
The government must establish regulations supporting the domestic production of renewable equipment, offer finacial incentives to regional producers, and create a robust supply chain.
Josh Foulger, president of Zetwerk Electronics, has called on the Indian government to eliminate restrictions on the production-linked incentive (PLI) scheme for mobile phones to attract more companies in the Android smartphone sector. He noted that the current PLI scheme has limited growth opportunities, particularly for Android phone manufacturers, and advocated for a more open […]
“The world of consumer electronics and overall ESDM (Electronics Systems Design and Manufacturing) is undergoing a paradigm shift, and India is already playing a pivotal role. The country is building new supply chains in every electronics category to integrate with domestic and Global Value Chains, and Zetwerk is aiming to be among the top 3 […]
The minister, at the Mint-Zetwerk Smart Manufacturing Summit 2023, said the PLI should not be thought of as a permanent solution.
Industry executives said that component manufacturing through government incentive schemes would help India become self-reliant and an alternative to China for global supply chains
Your views on the developments taking place in the high speed rail corridor and metro rails with the formation of National High-Speed Rail Corporation (NHSRCL) in 2016, the dream of having high speed rail corridors in India with trains running at speed of around 250 km/hr is coming to a reality. With around 300 km of route length for Mumbai-Ahmedabad under […]
Feb 28 and 29 2024 | By Invitation Only