Oppo proposes to set up Rs 1,000 crore facility in Andhra Pradesh – Feedback

Chinese smartphone firm Oppo is looking to invest Rs 1,000 crore to setup a manufacturing unit in Andhra Pradesh, which is likely to create 25,000 jobs in the state.

“An Oppo delegation, led by its Vice-President (mobile) Eric, held a meeting with Chief Minister N Chandrababu Naidu in Guiyang on the fourth day of his trip to China and showed interest in setting up a unit in the state with an investment of Rs 1,000 crore,” a CMO statement said. Oppo, which entered India in 2014 and has a manufacturing plant at Noida, said the facility would create employment for 25,000 people. The statement added that Naidu also apprised the delegation about the growing demand for hardware and various initiatives launched by his government in IT sector.

http://www.businesstoday.in/current/corporate/oppo-proposes-to-setup-rs-1000-cr-facility-in-andhra/story/234420.html

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