Bhagwati Products Limited has crossed the ₹17,000 crore revenue milestone, reflecting the company’s rapid expansion across electronics manufacturing and its growing capabilities in design, engineering and advanced technologies.
The company has witnessed significant growth over the last two years, supported by the expansion of its manufacturing operations and strong partnerships with leading global smartphone brands. With an annual manufacturing capacity of up to 40 million smartphones, Bhagwati Products serves brands such as Vivo, OPPO and Lenovo while steadily broadening its presence in categories including tablets and true wireless stereo (TWS) devices.
Commenting on the milestone, Rahul Sharma, Co-Founder, Bhagwati Products Limited, said, “Crossing the ₹17,000 crore mark is an important milestone in our journey. Our objective is to build a technology-led electronics platform that combines manufacturing excellence with strong capabilities in design, engineering and innovation. As the electronics ecosystem in India matures, we are committed to creating deeper value across the supply chain while supporting global brands in scaling their operations from India.”
The company continues to invest in electronics manufacturing services, memory technologies and tooling capabilities while evaluating opportunities in semiconductor-linked and deep-tech segments. Its joint venture with global ODM leader Huaqin has further strengthened product development and engineering capabilities, supporting growth across smartphones and connected devices.
Looking ahead, Bhagwati Products plans to expand its footprint in IT hardware, computing and automotive electronics, positioning itself for the next phase of growth in India’s evolving electronics landscape.
