Joining the likes of Xiaomi and Gionee is China’s own Vivo, the newest company to join the ‘Make in India’ bandwagon.
‘Make in India’ is a government initiative wherein companies are given various benefits to bring their manufacture to India instead of importing products. This is mainly to protect domestic trade and bring business inside the country.
Gizchina News of the week
Vivo’s manufacturing unit is situated in Greater Noida, close to the nation’s capital of New Delhi. Chinese Ambassador to India, Le Yucheng accompanied Alex Feng, CEO of Vivo Mobile India for the inauguration.
Models including the Y11, Y21, and Y15S will be manufactured assembled at the plant, with more to be added.
The 30,000 sq.m. facility is expected to create 2,200 jobs, and was made possible due to Vivo’s ₹1.25 billion investments. It’ll be interesting to see if this shift in manufacturing locations brings about one in the pricing also.
Time for those running the countries actually say “love thy neighbor”. we started it … Sania Mirza is now your bhabhi! 😛
yeah man , im tired of all this political agenda and long term conflicts which only serve the interests of the ruling elite on both sides , while the common man is left to suffer.
im all for lucrative and beneficial trade , a lasting and true friendship and all kinds of bi-lateral co-operation , but im just a university student … not one of the influential elite.
maybe the future holds something better 🙂
Rightly said, Vivo has to wake up to reality of mobile market.real money is in huge volumes with phones in 5k to 10k range. Vivo bring a killer phablet @ INR 9999 and rake in money..or languish in luxury of your hi priced fones..moving once in a while.
I have spoken to locals about this whom I work with. They don’t really care about the whole ‘Make In India’ scheme. They would prefer competition driving down prices rather than expensive Western (or Eastern) brands manufacturing in India but keeping their prices higher that the everyday man can afford…
India has to feed its 125 million people..best is to get on with manufacturing their own requirements in India..rather than fill pockets of a potentially hostile neighbor who is creating jobs for its own millions..by manufacturing for you. Make in India is an excellent Initiative by present government i truly believe.
Vivo just want to have more profit ,VIvo always sell their products at premium.
By manufacturing in india, Vivo can save millions on transport, taxes, etc.
But their prices will remain expensive as usual.