QCY, a global audio player, has announced plans to establish a wearable technology manufacturing facility in Manesar, Haryana, marking its official entry into the Indian market. While the investment figure remains undisclosed, QCY aims to capture a USD 75–100 million market share in India by 2026, aligning with the government's Make in India initiative.
The company plans to launch six flagship products—including TWS earbuds, headphones, and speakers—during the upcoming festive season. Backed by global partnerships, including Qualcomm, the new plant will focus on delivering high-quality, patented innovations at competitive prices.
India’s wearable tech market, currently valued at USD 1.3 billion, is projected to grow to USD 1.5 billion by 2026. With a global footprint in over 30 countries, QCY brings robust manufacturing capabilities—spanning 73,000 sq. m., 140 production lines, and an annual output of 22 million units—and will also bolster its retail presence across India.
News by Rahul Yelligetti.