Technology firm Motorola, maker of Moto G handset , is evaluating options to set up a manufacturing facility in India to cash in on the burgeoning demand for smartphones in the country.
"Evaluation is going on... We will have news soon," Motorola Senior Marketing Director Europe, Middle East, Africa and Asia Pacific Marcus Frost said when asked whether the company is considering setting up a production unit in India.
He declined, however, to disclose further details and timeline for the same.
Motorola makes devices in China and Latin America. It had a plant in Chennai, which was shut down a few years ago.
Motorola joins a growing list of global smartphone makers, including Xiaomi and Gionee that are considering manufacturing in India, where the government is pushing its 'Make in India' initiative.
India is one the fastest growing smartphone markets globally. According to research firm CMR, 19.5 million smartphones were shipped in India in the March 2015 quarter.
Frost said India is a huge market for the company and it has seen strong sales of its devices, especially Moto G.
Motorola, which had sold over three million units in the country till last year, today unveiled the third generation of its popular Moto G for Rs 11,999 (8GB) and Rs 12,999 (16GB).
The water-resistant device features a 5-inch display, 2,470 mAh battery, 13MP rear and 5MP front camera, 1.4 GHz quad-core processor and supports 4G LTE. The 8GB version comes with 1GB RAM, while the 16GB version is equipped with 2GB RAM.
"At Motorola, we believe everyone deserves the choice of a better mobile relationship. One that is personal, fulfilling and stands the test of time at a budget that fits your pocket," Motorola India General Manager Amit Boni said.