Vivo Plans To Invest Rs 7500 Crs For Local Manufacture, Expansion
Chinese cell phone major Vivo has chalked out a methodology to build a long haul plan in India to be a potent player by investing in local manufacturing and retail expansion. The organization, notwithstanding leaving on a new investment plan of ₹7,500 crore in India, is laying a solid retail and adjusting nearness in the nation with an expect to remain ahead in the race.
When Vivo entered India it had begun with an assembling unit at Greater Noida with a limit of 8.4 million units yearly. With the crisp venture of ₹7500 crore, it is setting up an office to deliver 25 million units every year. The main period of venture has just been made.