According to South China Morning Post report, Chinese smartphone maker Oppo Electronics is planning to invests HK$115 million to set up a new factory in Greater Noida, marking the latest major investment by a mainland supplier in the world’s second-largest smartphone market.
By Belal Khan
The new factory with capacity to produce 10 million units annually is likely to be completed by the end of this year.
The move is followed by similar smartphone manufacturing investments in India made by computer giant Lenovo Group and Xiaomi in the last one year.
The government ‘Make in India’ campaign is attracting lot of foreign companies specially Chinese manufacturers to spend big in India.
OPPO is a leading global technology brand dedicated to providing consumers across the Americas, Africa, Europe, Oceania, and Asia.
Founded in 2004, OPPO quickly proved itself in the market with its intense obsession to details. After entering the mobile phone market in 2008, OPPO quickly expanded into overseas markets a year later. OPPO mobile phones are currently available in over 20 markets, with the brand already registered in 140 countries as of late 2015.
