OPPO to invest Rs. 100 Cr to start Smartphone manufacturing in India - OPPO is latest Smartphone maker to join the ‘Make in India’ initiative, announc
OPPO is latest Smartphone maker to join the ‘Make in India’ initiative, announced by P.M. Modi to kickstart Smartphone manufacturing in India.
OPPO has announced that it will invest Rs. 100 Crore to Start its own manufacturing assembly in India by August, 2016.
OPPO Global VP and President of OPPO India, Sky Li said;
“We have long term plan for India, We will invest Rs. 100 crore to kickstart our mobile manufacturing unit by August this year. He further explained that OPPO has already started its mobile handset production in India at the Foxconn’s plant. He said that the company is looking at producing 10 million handset units per year in India at its own plant and continue its relationship with Foxconn as well. The company had announced last year in May that it is planning to setup an assembly plant in the country.”
Just yesterday the company launched two new smartphones in India the OPPO F1 and F1 plus.
Micromax, Motorola, Asus, Sony, Vivo, LG and Lenovo have also announced their plans for manufacturing smartphones in India
