Oppo to invest $60 million to strengthen its supply chain in India
The HinduRecently, Oppo has been under ED radar for alleged PMLA violations. Currently, Oppo is the fifth largest smartphone seller in India in Q2 2022 with 11% market share, says Counterpoint Research. to accelerate the product development process from India, empowering and mentoring technology start-ups end-to-end, and exploring collaborations with educational institutions to nurture the innovation culture,” said Oppo. “With a robust local supply chain getting established, the time is right for promoting exports of our quality ‘Make in India’ smartphones to identified markets. This would facilitate OPPO India in expanding the export capacity to USD 5 billion over the next five years,” said Vivek Vasishtha, Vice-President, Public Affairs, Oppo India.