Chinese smartphone maker Oppo will setup a manufacturing unit in Noida with an investment of Rs 100 crore, reports FirstPost. The unit is expected to have a capacity of 10 million handsets and become operational by August this year.
Note that Oppo had started contract manufacturing in the country with Foxconn as a partner in November last year. At the time the company had said that some of the devices manufactured here would also be exported to overseas markets. Oppo will continue to manufacture phones in partnership with Foxconn once its manufacturing facility goes online.
Interestingly, Oppo had said in May 2015, that it would set up a handset manufacturing unit in India by August the same year to primarily tend to the domestic market. However, the company decided against hurrying into setting up a plant in the country, subsequently choosing Foxconn as a partner to manufacture the phones instead.
Manufacturing in India: The Indian government has been encouraging domestic companies to start manufacturing electronics goods within the country instead of importing them and had approved a National Policy on Electronics. Since then, various smartphone manufacturers have said they will start manufacturing in India or have already started doing so.
– In December last year, Micromax said it would invest Rs 300 crore in India over the next few months to set up three new manufacturing units.
– In November, Optiemus Infracom, the founder of the domestic mobile brand Zen Mobile, signed a joint venture with Wistron Corporation to set up a mobile manufacturing unit in Noida.
– Various manufacturers have tied up with Foxconn to manufacture phones in India. In September, Gionee tied up with Foxconn and Dixon to manufacture its phones in India. In June, the company started making Xiaomi phones in the country. The month before, Foxconn was in talks with Adani Enterprises to form a joint venture (JV), likely to make iPhones in India.
– In August, Lenovo started the local production of smartphones with Flextronics under a contract manufacturing deal at its Sriperumbudur plant.
– Videocon Mobile Phones, Videocon Group’s mobile company, started manufacturing mobile phones in the country.
– In June, homegrown mobile phone maker Celkon opened its first manufacturing unit in the country in Telangana.
– In March, Samsung and Sony had announced plans for setting up manufacturing bases in India as a part of the Make in India initiative.
– Earlier this year, Spice Group said it would invest Rs 500 crores to set up a manufacturing unit in Uttar Pradesh.