Coolpad, based in China has announced that the company will produce one million “Made in India” Coolpad handsets in the first half of 2016 in partnership with Videocon in Aurangabad. This initiative is in line with Indian Government’s Vision of “Make in India” and such projects and partnerships will bring big business and employment opportunities in the country, as stated by the company in its press statement.
Commenting on this, Mr. Guo Deying, Chairman and Former CEO of Coolpad Group said “In October, we announced an investment of over $300 million in Manufacturing, R&D and ID design in India. Keeping up with our commitment of Make in India, we are proud to announce that we will initiate the first phase of our investment by manufacturing one million Coolpad “Made in India” smartphones by the first half of 2016. “
He further added, “These smartphone will be manufactured at our Indian partner Videocon`s facility which is situated in Aurangabad, Maharashtra. Recently, our leadership team visited Videocon facility to assess and finalise on how much support and technical expertise is required by our partners to manufacture Coolpad smartphones which are known around the world for their cutting edge technology and affordability.”
Coolpad India has also announced the availability of black variant of its highly successful smartphone Coolpad Note 3 exclusively on Amazon.in starting today, which was launched few days ago in India. The white variant of this phone was launched for Rs 8, 9999 in India in the month of October. For details about Coolpad Note 3, please see http://www.techvorm.com/coolpad-note-3-black-variant-launched-in-india/
