News > Vivo to invest Rs 3,500 crore in India by 2023, plans to start exporting mobiles in 2022

Vivo to invest Rs 3,500 crore in India by 2023, plans to start exporting mobiles in 2022

Dais Newsfeed | 16/02/2022 10:15 PM | Click to read full article

Smartphones maker Vivo plans to invest Rs 3,500 crore in two years to boost its manufacturing facility in India and start exporting devices from the country this year, a senior company official said on Wednesday.

Vivo India Director (Business Strategy) Paigam Danish told PTI that the investment is part of the Rs 7,500-crore commitment that the company made for India and it has already invested Rs 1,900 crore from total till 2021.