Smartphone manufacturer Vivo will set up an industrial design centre in India to develop devices locally. The company will raise its headcount to 50,000.
It is going to setup the new design centre under Prime Minister's Vocal for Local Campaign to boost employment as well as its facility in India.
The company has announced Rs 7,500 crore investment in its Greater Noida facility and will increase smartphone manufacturing capacity from 3.3 crore units to 12 crore. The design centre will focus on understanding the needs of Indian consumers.
The first product from Vivo that will be designed and made in India will be rolled out in 2020-21.
The investment will increase local sourcing from 15 percent to 40 percent in one year.