KOCHI: UK-based Kloudpad Mobility Research is gearing up for an additional investment of `15 crore to set up a state-of-the-art facility in the city to manufacture Intel-powered affordable Kloudpad 3G tablet phone, which will be launched in India on Wednesday.
The tablet, priced at `11,999, will be launched at CeBIT, the Indian edition of world’s largest IT and ICT event, to be held at Bengaluru from November 12 to 14. The tablet phone is a enterprise grade Tablet PC with all features of an Android smart phone. It has the latest high performance Intel Clovertrail 1.2 Ghz Atom Dual Core processor that has set benchmark standards in multitasking application delivery.Kloudpad Mobility Research Pvt Ltd, a subsidiary of UK-based Kloudpad, started its operations in the city through the Emerging Kerala Investor Meet, which was hosted by the state government in 2012 to attract investments.
“We are partnering with PAYTM, one of the biggest e-commerce portals in India, to launch the tablet across the country and make it available nationwide as a retail product,” said Aromal Jayaraj, co-founder and managing director of KloudPaD.
Currently, the tablets are made at the company’s production facility in Shenzhen, China.
“We have already invested close to `5 crore for the current product line so as to ensure quality manufacturing partnerships with INTEL and content players like Pearson Smart School. We are planning to invest an additional `15 crore through a combination of debt and equity financing to set up a state-of-the-art manufacturing facility for INTEL mobile devices products,” he said. “The tablet is one of our major flagship products and we want to set up a facility to manufacture it in Kochi. We are scouting for land near KINFRA and along the Seaport-Airport road,” he added.“The tablet also comes with SmartSchool application that offers interactive CBSE and ICSE study content for KG to Plus-Two students. As launch offer, students can get one classroom content of their choice free with the tablet,” said Abbishek Jayaraj, CEO, global business operations, KloudPad.
Kloudpad is the only tablet PC which use Intel processors The company has a research and development centre at Startup Village.