AI+ targets Rs 7,500 crore revenue as it scales India smartphone R&D
Homegrown smartphone brand AI+, backed by NxtQuantum Shift Technologies, is targeting more than Rs 7,500 crore in revenue this fiscal after selling over 20 lakh devices. The company plans to expand its India-based software, testing and engineering teams while building a local component ecosystem.
Homegrown smartphone brand AI+ targets over Rs 7,500 crore revenue this fiscal after selling 20 lakh devices. NxtQuantum plans to expand Indian R&D, testing and engineering capabilities, supported by the proposed MPMS R&D incentive.