The company has already invested Rs 125 crore in the first phase for the assembling unit, which will have capacity of over one million phones per month.
"At the end of this month our Greater Noida assembling unit will be operational that will bring over 2,000 jobs for the product lines and around 200 managerial positions also. The maximum capacity will be one million units per month," vivo Global CMO and India CEO Alex Feng told PTI.
Feng said there are several stages of investment and for the first phase of assembling, the company has invested Rs 125 crore.
"Second phase investment will be made early next year for R&D and even manufacturing. We have to identify the quantum of amount we will be investing," Feng added.
Many Indian and international handset players like Lenovo, Gionee, Micromax and Intex among others have already started manufacturing in India while many others have evinced interest in doing so.
The government is also offering various incentives like capital subsidy and tax benefits on setting up local units.
The Shenzhen-headquartered company plans to increase the service centres to 200 by the end of next year.
It has 30 service centres, at present, and over 10,000 outlets across 100 cities of the country.
The company also employ its own staff at the retail outlets and the current staff strength for the same stands at 7,000.
The company is only selling its device offline.
Asked if it is considering to embrace the online medium also, Feng said it is not planned in near future as the company wants its customers to get a feel of the device before making a purchase.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
