Gionee to announce its first 'Made in India' phone today
BT Online October 12, 2015
Gionee, the Chinese mobile phone manufacturer, is expected to announce its first 'Made in India' smartphone on Monday.
The firm will announce its product in the presence of Andhra Pradesh Chief Minister N Chandrababu Naidu. William Lu, President, Gionee and Arvind Vohra, India chief of Gionee will also be present at the event.
Gionee partnered global manufacturers Foxconn and Dixon in September to begin production in India. The company had also announced that it will invest $50 million in next three years on manufacturing in the country.
"Make in India as an initiative (announced by the Modi government) gives an opportunity to not only take Gionee as brand ahead but also to be actively able to participate in the growth of our economy through various touch points", Gionee India Country CEO and MD Arvind R Vohra had said.
Established in 2002, Gionee sells over 23 million handsets a year worldwide and ranks number 10 globally by smartphone market share.