1 year, 8 months ago
Vivo to start new manufacturing unit, aims for 10 lakh units export in 2023
The HinduVivo, the third largest mobile player in India, is going to set up an additional manufacturing unit in the country as part of its expansion plan, also aiming to fulfil export goals more vigorously. Sharing the second edition of the India Impact Report, 2023 with The Hindu, Yogendra Sriramula, Head-Brand Strategy at Vivo India, said the company has already invested ₹2,400 crore. This investment is a part of Vivo’s India ₹3,500 crore Phase 1 plan, which is in turn part of an overall ₹7,500 crore phased investment in India. It’s about tuning this whole system so that it delivers the best output to you.” Vivo will launch its next premium flagship series X90 soon, which will feature MediaTek processors.
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History of this topic
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