OnePlus today announced its plans for local production of its smartphones in India at ‘Foxconn’s Rising Stars factory’ within the Sri City Integrated Business City in the state of Andhra Pradesh by end of 2015. This collaboration was formally announced by Pete Lau, Founder & CEO, OnePlus and Vikas Agarwal, General Manager – India, OnePlus along with a special video message from Shri Dr. Palle Raghunatha Reddy, MSc, MPhil, Phd, Hon’ble Minister, Information Technology, Electronics & Communications, Government of Andhra Pradesh.
Pete Lau, Founder & CEO, OnePlus said, "Today is a big day for us. Producing smartphones in India is one of the most important decisions that we have made so far at OnePlus, and we are thankful to the Government of Andhra Pradesh and Foxconn for helping us make this happen. India being one of our biggest markets worldwide, we are committed to a long term sustainable growth path. This move will strengthen our presence and help us step up momentum in India."
Vikas Agarwal, General Manager – India, OnePlus said, "We are excited to add another significant chapter in our India journey as we look forward to starting local production of our smartphones within a year of our launch in the country. Local production will not only make our operations more efficient in terms of cost and working capital requirements but also help us in making our products available for sale much faster than ever before."
The facility will have a cumulative peak capacity of producing up to 500,000 units per month. The facility will also generate direct employment of over 1000 full time workers, thereby giving further support to the Government’s Make in India initiative.
Pete Lau, Founder & CEO, OnePlus said, "Today is a big day for us. Producing smartphones in India is one of the most important decisions that we have made so far at OnePlus, and we are thankful to the Government of Andhra Pradesh and Foxconn for helping us make this happen. India being one of our biggest markets worldwide, we are committed to a long term sustainable growth path. This move will strengthen our presence and help us step up momentum in India."
Vikas Agarwal, General Manager – India, OnePlus said, "We are excited to add another significant chapter in our India journey as we look forward to starting local production of our smartphones within a year of our launch in the country. Local production will not only make our operations more efficient in terms of cost and working capital requirements but also help us in making our products available for sale much faster than ever before."
The facility will have a cumulative peak capacity of producing up to 500,000 units per month. The facility will also generate direct employment of over 1000 full time workers, thereby giving further support to the Government’s Make in India initiative.
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