UK-based Kloudpad Mobility Research will invest an additional Rs 15 crore to set up a facility to make Intel-powered 3G tablets in Kochi.
Currently, the company is importing the tablets from its production facility in Shenzhen, China.
The Android calling tablet, priced at Rs 11,999, will be launched at CeBIT 2014 in Bangalore this week. Intel India President Kumud Srinivasan will launch the tablet at the technology show in the garden city.
It features Intel Clovertrail 1.2 Ghz Atom Dual Core processor.
Kloudpad Mobility Research invested close to Rs 5 crore for the current product line in ensuring quality manufacturing partnerships with Intel and content players like Pearson Smart School. It’s planning to invest an additional Rs 15 crore through a combination of debt and equity financing in setting up a manufacturing facility for Intel mobile devices products.
The company is looking for land near KINFRA and along Seaport-Airport road for the facility.
“The tablet comes with preloaded SmartSchool application that offers interactive CBSE and ICSE approved study content for KG to plus two students. As a launch offer, students can get one classroom content of their choice free with the tablet while other classes should be purchased separately,” said Abbishek Jayaraj, CEO, global business operations, KloudPad.