- Oppo is currently helping set up an electronic manufacturing cluster in Greater Noida
- Oppo is talking to their global component partners to set up operations in India
- Oppo is also looking to increase investments in its local research and development (R&D) centre
- It will be investing $1.4 billion to work on 5G, artificial intelligence and internet of things
Chinese handset maker Oppo’s Indian manufacturing units will serve as its second largest global manufacturing base after China to cater to the needs of markets in South Asia, West Asia and Africa.
According to an Economic Times report, the company is currently helping set up an electronic manufacturing cluster, along with six other companies, in Greater Noida at an investment of Rs 3,500 crore over five years. The project is expected to be completed by the year-end and will bolster Oppo’s manufacturing for domestic and export needs.
Betting high on India
Will Yang, chief marketing officer-South Asia at Oppo, told the English Daily that the new plant will not just make handsets for India but for exports as well for which Oppo is talking to their global component partners to set up operations in India.
Oppo, which bets mainly on the Rs 20,000-30,000 range, was the fourth largest smartphone company in India with a 7.6 per cent market share in January-March, according to International Data Corp. Oppo is also looking to increase investments in its local research and development (R&D) centre, set up as part of the company’s global strategy. It will be investing $1.4 billion to work on 5G, artificial intelligence and internet of things.
