Vivo's new ₹1,100 cr, 170-acre facility to come up in G Noida
Mint Mumbai|April 14, 2023
Chinese smartphone maker Vivo will invest ₹1,100 crore to set up a 169-acre manufacturing plant in Greater Noida. The facility is likely to be operational by 2024, Yogendra Sriramula, brand strategy head for India, Vivo, said in an interview.
Vivo's new ₹1,100 cr, 170-acre facility to come up in G Noida
 

The investment is part of its plan to double annual manufacturing capacity to 120 million units, from the existing 60 million. It has set aside 7,500 crore for its expansion plans.

“In phase I, we said that we will invest 3,500 crore. We have already infused 2,400 crore and the rest 1,100 crore will be invested over the rest of this year. By the beginning of next year, we should be able to start phase I of our new manufacturing facility."

この記事は Mint Mumbai の April 14, 2023 版に掲載されています。

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この記事は Mint Mumbai の April 14, 2023 版に掲載されています。

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