Zetwerk, Smile in deal to set up three IT hardware factories

Contract manufacturing unicorn Zetwerk has entered into a strategic partnership with Bengaluru-based electronics manufacturing services company Smile Electronics to launch three state-of-the-art factories for IT hardware production in India, said people familiar with the development.

“The first of the three factories will be coming up near Bengaluru, followed by one each in Tamil Nadu and Andhra Pradesh,” said one of the persons, who did not wish to be identified.