Vivo to setup second manufacturing facility in Uttar Pradesh with Rs. 4000 crore investment

Vivo has announced to launch their second manufacturing facility in India. The company has acquired additional 169-acre of land in the Yamuna Expressway region in Uttar Pradesh with an estimated investment of Rs. 4000 crore. Hon’ble Chief Minister of Uttar Pradesh, Shri Yogi Adityanath welcomed the initiative and congratulated Vivo for the upcoming facility. The new land has been acquired near the existing 50-acre manufacturing facility. This will help Vivo expand its manufacturing capabilities and support Vivo’s continued growth in India. All Vivo smartphones sold in the country are manufactured at the Greater Noida facility. The existing manufacturing set-up which was set up with an investment of Rs. 300 crore already functions at a capacity of 2 million units per month with more than 5,000 workforces. Vivo said that it will also contribute significantly to the socio-economic growth of the manufacturing ecosystem in India by creating additional jobs, wage growth, and skill development. iI hopes to generate 5000 additional employment in the first phase of expansion. During this phase, Vivo also plans to double the current production capacity to 50 million units per annum. Nipun Marya, Director-Brand Strategy, Vivo India said:  Vivo entered India in 2014 with a commitment to bring product innovation, focus and value ...