Chinese smartphone maker Vivo plans Rs 3500 cr investment in India to expand manufacturing capacity
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Vivo has plans to extend its Make-In-India commitment with Rs 3500 crore investment in India for expansion of its manufacturing capacity. The company said it witnessed strong growth in business in India. Vivo India director Nipun Marya explains that the scaling up of manufacturing will depend on the growth and demand in the market. The first phase will be ready next month and create about 2700 new job opportunities.