外文标题：China’s Gionee looks to manufacture in India
NEW DELHI: The government's efforts at encouraging local manufacturing of mobile devices in India through lower duty seems to be working. Gionee, a key Chinese manufacturer which currently imports its devices here, has decided to assemble phones in India while planning a full-fledged factory over a three-year horizon.
Arvind Vohra, who heads Gionee's business in India, said that the phone maker will firm up plans for local assembly in the next six months. "We will initially go in for a contract manufacturing model and will look to establish an independent manufacturing model over the next 18-24 months," Vohra told TOI here.
The company, which sold 40 lakh devices last year on a turnover of Rs 2,750 crore, has mandated Ernst & Young for the job. "Volumes have been growing for us at a quick pace and we are looking to double our sales volumes in 2015 while looking at revenues of around Rs 5,000 crore."
It appears that Modi's "Make in India" programme is working. Three m,ajor mobile manufacturers of the world are willing to manufacture in India. One of them Gionee is starting assembling mobile in India within six months from now. Looking to market potential in India for Mobile phones, there is no doubt that many more companies may come to India for manufacturing.
All over world seeks to open factories in China and China's company opening factory in India....Ache Din
Narendra Mertia Mertia
Indian mobile market is highest in the world and it is only growing market with double digit growth.
Good polices by government to promote manufacturing in India
so we r moving in right direction for make in india dream. My dream even though my pm showed it to me.
Jeeva Nathan (Unknown)
Everyone would be having their eyes on the nokia plant.. Once the govt removes the freeze over it then it would be sold in a month