Home / Companies / News / Despite anti-China sentiment, OnePlus to invest Rs 100 cr in India retail

Despite anti-China sentiment, OnePlus to invest Rs 100 cr in India retail

OnePlus has over 5,000 offline stores, including partnered stores, across the country, and plans to scale this up to 8,000 stores in the coming quarters

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Its biggest experience store, OnePlus Nizam Palace in Hyderabad, will be launched later this week, and 14 stores will be launched in the next six months

T E Narasimhan Chennai

2 min read Last Updated : Oct 15 2020 | 4:08 PM IST

Unfazed by the surge in anti-China sentiment, smartphone maker OnePlus is committed to investing around Rs 1,000 crore on research and development (R&D) and another Rs 100 crore on retail expansion in the country, said a senior company official.

Additionally, the executive said that all of its TVs, including the Q and U series, will be manufactured in India from next year.

Speaking to Business Standard after launching the OnePlus 8T 5G, Navnit Nakra, vice-president and chief strategy officer, OnePlus India, said as part of its ‘Make in India’ initiative all of its smartphones are being manufactured here. “OnePlus is

Topics : OnePlus OnePlus in India

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