Chinese smart phone maker Vivo is planning to invest around Rs 3,500 crore in India into capacity expansion and other projects in future, taking up the total investment commitment the company made in India to Rs 7,500 crore. The company will start operations in an expanded facility next month to add manufacturing capacity of 8.4 million units, with an investment of Rs 400 crore, from the committed investment.
"We have been bullish about India from the beginning. So far we have invested around Rs 400 crore in our manufacturing facility. We have an annual capacity of 25 million units," said Nipun