Vivo has said that it will soon set-up an industrial design centre in India to develop devices locally, and increase its headcount to 50,000.
To this end, the company has committed to invest Rs 75 billion in India to increase smartphone manufacturing capacity from 3.3 crore units to 12 crore units.
As per the company, this new factory will not only be Vivo’s one of the biggest factories but also one of India’s largest smartphone manufacturing centre.
Meanwhile, the company has also launched two models of X50 series priced at Rs 34,990 and Rs 37,990.
According to a recent report by IDC, Vivo was the second largest smartphone selling brand in India with 21 per cent market share in the quarter ended March 2020.