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Vivo to invest around Rs 8 bn more in India, plans component manufacturing

The Chinese smartphone maker has invested around Rs 3 bn in the country so far

Vivo
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Vivo | Photo twitter

Gireesh Babu Chennai
Chinese smartphone maker Vivo is looking at a further investment of around Rs 8 billion in India. The company has so far invested around Rs 3 billion in the country with a manufacturing facility in Greater Noida.    
The company is the second largest in terms of value in the Indian mobile phone market, with a market share of 18.5 per cent as on September 2018, said Vivo officials, quoting market research institute GfK. 
The company, in its presentation as part of the launch of its new mobile phone model Vivo Y95, said, "Having invested more than Rs 3 billion, there are plans
Topics : Vivo

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