Unfazed by anti-China campaign, Vivo announces Rs 7,500 crore investment in India


Source: businesstoday.in businesstoday.in

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The company also entered the high end segment of smartphones with two new products -- X50 and X50 pro, that are priced at Rs 35,000-38,000 and Rs 50,000 respectively. These are the most expensive phones by the company so far Sumant Banerji 21:41 IST Representative Image Undeterred by a campaign to boycott products from China, Vivo India on Thursday announced a Rs 7,500 crore investment plan to increase capacity at its Greater Noida factory to 120 million smartphones per annum, set up a design centre in the country and bump up its local sourcing from 15 to 40 per cent...