Oppo India to invest $60mn to strengthen local supply chain

New Delhi, Aug 1 (KNN) With an aim to strengthen the local supply chain of smartphone, Oppo India will be investing USD 60 million.

The ‘Vihaan’ Project announced by the Chinese consumer electronics will empower SME and MSMEs to enhance their operations and boost the local supply chain.

This marks as Oppo India’s consistent interest to develop the manufacturing ability of the country.

Vivek Vasishtha, Vice-President, Public Affairs, Oppo India said, “With a robust local supply chain getting established, the time is right for promoting exports of our quality ‘Make in India’ smartphones to identified markets.”

Oppo India will be strongly supporting local manufacturing & exports, SMEs and MSMEs, cutting-edge technologies, and skill development in the sector through ‘Vihaan’ program, he asserted.

The company aims to partner with more local suppliers to strengthen the local supply chain for a robust smartphone ecosystem in India.

It has collaborated with the Government and the industry in encouraging around 30 Tier-1 suppliers to set up operations in India.  (KNN Bureau)