Zetwerk Aims for IPO, Targets Rs 18,000 Cr Revenue as India's Appeal as Manufacturing Hub Grows
Companies are considering India as a manufacturing hub due to competitive wages, skilled human resources, and geopolitical factors. Zetwerk aims to democratize the electronics value chain, with plans to IPO in 18-24 months and expects Rs 18,000 crore revenue in FY24. Zetwerk's co-founders discuss the challenges and opportunities of manufacturing in India, highlighting the surge in U.S. clients' contribution to revenue.
Sources
CNBC-TV18
#YoungTurks | "Manufacturing is hard—if we knew it while setting up @zetwerk, we would've had second thoughts!" "But, fell in love with the problem statement of making India a global #manufacturing hub," @acharyaamrit & @srinathramki tell @ShereenBhan 📺https://t.co/qAa78JHkYO https://t.co/SL0pyLcfU3
- CNBC-TV18
#YoungTurks | "Fantastic time for manufacturing-led #startups in India," says @srinathramki of @zetwerk. "In last 2 years, contribution of U.S. clients to overall revenue has surged to 25% from 0%," says @acharyaamrit @ShereenBhan | @CNBCYoungTurks 📺https://t.co/qAa78JHkYO https://t.co/OLMRIIAa8J
- CNBC-TV18
#YoungTurks | Zetwerk expects to hit Rs 18,000 cr revenue in FY24 In a chat with the #manufacturing marketplace's co-founders @acharyaamrit & @srinathramki, @ShereenBhan decodes the #unicorn's rapid surge & advantages of 'making in India' @zetwerk 📺https://t.co/qAa78JHkYO https://t.co/PK9U2FnfyX
