Chinese smartphone maker Vivo said Wednesday it was working on another major capacity expansion plan for manufacturing in India which would also include exports. Also Read - Vivo V21e 5G India launch expected soon, specs leaked: Here's what to expect
“The present manufacturing facility at Greater Noida is 25 million pieces and we have reached the capacity. We are discussing on another major expansion which can be a greenfield project. Details will emerge in the next few weeks,” Vivo India director, brand strategy, Nipun Marya said on the sidelines of the launch of Y95 model in the city. Also Read - Best 5G smartphones with top MediaTek processors under Rs 30,000 in June 2021
The company said it has pumped in about Rs 100 crore in the last few months in the existing Noida facility. Also Read - Vivo Y73 launches in India to compete with Redmi Note 10 Pro Max with 1TB expandable storage
Officials said the company was also holding dialogue with a few neighboring states for the new facility.
Marya said the company has been absorbing the rise of input cost owing to rupee depreciation and has not passed it on to customers.
Asked if the company was working on foldable display technology as has been announced by competitors recently, the official said Vivo will adopt technologies that are in demand and is working on a “disruptive” one.
Marya said Vivo will not have any exclusive product for online sales unlike major competitors.
Online sales presently contribute about 30 per cent of its revenues.
He said West Bengal is one of the top four markets for Vivo in the country.
This is published unedited from the PTI feed.