Wait...
  1. Home >
  2. Export Import News >
  3. Export Business News >
  4. Oppo planning to export handsets from India >
  5. Oppo planning to export handsets from India

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

Oppo planning to export handsets from India.


Date: 01-05-2017
Subject: Oppo planning to export handsets from India
NEW DELHI: Chinese smartphone maker Oppo is planning to begin exports to the Middle East, North Africa and other South East Asian countries from India in the next two to three years after having broken into the ranks of the top five smartphone makers in India. 

The company, which had the No. 4 spot with 10 per cent share of smartphones in January-March quarter, as per Counterpoint, plans to add local manufacturing facilities from where smartphone exports would take off, while it focuses on growing its presence in the online market over the next couple of years. 

"In the next 2-3 years, in line with our plan, we will begin exporting the manufactured phones out of India to Middle East, North Africa and other South Asian markets. Currently the products offered to our Indian consumers are made in India," Sky Li, global VP and India president, told ET. 

The company intends to make India a hub for exports to these countries and South Asia, the way it uses China at present, highlighting the increased focus on the India market. 

Over the last couple of quarters, Oppo is one of the Chinese brands that have snatched market share away from incumbent Indian handset makers as well as global players such as Samsung on the back of aggressive marketing, which included high commission to retail and trade channels and taking over store front displays across several offline markets in the country. 

Oppo has bought 110 acres of land from the Greater Noida Industrial Development Authority (GNIDA) for Rs 145 crore to set up a manufacturing unit, where the company plans to invest up to Rs 2,000 crore to build a large manufacturing complex to house assembly units but also residential units for 30,000 people it plans to employ. 

"We already have one assembly factory in Noida that began production in July 2016. The rest is still under construction and we will share an update at an appropriate time," Li said when asked for details on the plan. 

Source: The Economic Times

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 20-02-2020
Notification No.15/2020 - Customs (N.T.)
Exchange Rates Notification No.15/2020-Custom(NT) dated 20.02.2020

Date: 14-02-2020
Notification No. 14/2020-Customs (N.T.)
Notification no 14/2020-Custom(N.T.) dated 14.02.2020

Date: 14-02-2020
Notification No. 13/2020-CUSTOMS (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg

Date: 14-02-2020
Notification No. 14/2020 - Customs
Notification regarding exemption of duties of Customs against scrips issued under the 2% Additional ad hoc incentive for mobile phones.

Date: 11-02-2020
Notification No. 16/2020-Customs (N.T./CAA/DRI)
Appointment of CAA by DGRI

Date: 11-02-2020
Notification No. 15/2020-Customs (N.T./CAA/DRI)
Appointment of CAA by DGRI

Date: 11-02-2020
Notification No. 12/2020-Customs (N.T.)
Amendment to Notification No. 12/97-Customs (NT) dated 02.04.1997

Date: 11-02-2020
Notification No. 12/2020-Customs (N.T.)
Appointment of CAA by DGRI

Date: 08-02-2020
Notification No. 08/2020-Customs
Seeks to exempt specified goods from Health Cess imposed on the medical devices falling under heading 9018 to 9022 in terms of clause 139 of the Finance Bill, 2020.

Date: 06-02-2020
Notification No.11/2020 - Customs (N.T.)
Exchange Rates Notification No.11/2020-Custom (NT) dated 06.02.2020



Exim Guru Copyright © 1999-2020 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001