Taking a cue from various manufacturers such as Sony and Samsung, Vivo is also going to join the Make in india campaign. The company is soon going to start manufacturing devices in India, as suggested by a report published by Economic Times.
The Chinese manufacturer is said to start manufacturing from October. Vivo is investing whopping Rs. 12.5 Crores in India and is targeting a sale goal of two million device for the year 2015. Vivo’s 4G LTE devices are said to be acquiring 40% share of sales. In conversation with ET, Alex Feng, CEO Vivo India and chief marketing officer of Vivo Global revealed that the company has leased 30,000 square meters of land in Greater Noida and they are hopeful to start assembling smartphones by October this year.
Vivo unveiled two smartphones in India yesterday — Vivo V1 and Vivo V1 Max — both the device will fall under the sub 20k category and will be up for sale towards the end of this month.