Gionee plans to transform India into an export hub

Company expects to sell 6 million handsets this year

Gionee plans to transform India into an export hub
Arnab Dutta New Delhi
Last Updated : Oct 09 2015 | 1:47 AM IST
Chinese mobile handset company Gionee, which entered India in 2013, is planning to make the country an export hub for South Asia and Africa.

The company will start manufacturing in India by February 2016. It is setting up a manufacturing unit with a Rs 300 crore investment.

“Our facility will be ready by February. The unit will be able to meet all our requirements in India,” said Arvind R Vohra, chief executive officer and managing director of Gionee India.

Also Read

“India is a prospective manufacturing hub for markets in South Asia and Africa once our requirements are met here,” he added.

Gionee sold four million handsets in the country in 2014 and expects to sell six million handsets this year.

According to William Lu, president, Gionee India, is a strategic market for the company. “We were not present online. We are now partnering Snapdeal to offer our premium product, the E8,”  he said.

“We have 32,000 channel partners in India but one cannot stay out of the online space. We did not go online because we were waiting for the right product,” Vohra added.

“It is a great addition to our smartphone offerings. We hope our customers will be excited about the choices we are bringing them just before the festival season,” said Kunal Bahl, co-founder and chief executive officer of Snapdeal.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 09 2015 | 12:29 AM IST

Next Story