Chinese smartphone maker Gionee will invest $50 million (about Rs 330 crore) over next three years to make smartphones in India, joining peers like Xiaomi and Motorola.
The company has partnered global manufacturers Foxconn and Dixon to begin India production.
"Gionee will be investing $50 million in the next three years on manufacturing in India. Gionee's 'Make In India' will happen at the facilities of Dixon Technologies and Foxconn which are based at Delhi-NCR and Andhra Pradesh respectively," it said in a statement.
Foxconn will start this association by manufacturing F Series and P Series phones from the existing Gionee portfolio. Dixon will be making feature phones and other smartphones for Gionee.
Gionee to invest about Rs 330 crore to make handsets in India - IBNLive
The company has partnered global manufacturers Foxconn and Dixon to begin India production.
"Gionee will be investing $50 million in the next three years on manufacturing in India. Gionee's 'Make In India' will happen at the facilities of Dixon Technologies and Foxconn which are based at Delhi-NCR and Andhra Pradesh respectively," it said in a statement.
Foxconn will start this association by manufacturing F Series and P Series phones from the existing Gionee portfolio. Dixon will be making feature phones and other smartphones for Gionee.
Gionee to invest about Rs 330 crore to make handsets in India - IBNLive