Gionee has announced that it will open a Manufacturing Unit in India in Haryana. The Chinese company will set up the facility in Faridabad with an initial investment of INR 500 Crore.
The company has signed Memorandum of Understanding (MoU) with Haryana Government to open its first manufacturing unit in Faridabad. The unit will be set up in 50 acres and it will provide employment to over 28,000 people.
Gionee plans to manufacture six lakh mobile phones every month. However the capacity of the unit will be 30 Million smartphones. The Chinese company will use the unit as export hub in future.
The Memorandum of Understanding (MoU) was signed by Chairman, Gionee Mobiles, Mr. Liu Lirong and Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) in the presence of Chief Minister Shri ManoharLal Khattar and state industries minister Shri Vipul Goel.
On signing the MoU, Chairman, Gionee Mobiles Mr. Liu Lirong said, “India is one of our most important markets, and Gionee has been seeing exponential growth here, which will only increase rapidly as time progresses. Added to it, are factors such as great government policies, availability of skilled manpower and infrastructure support that Haryana provides. Hence we are confident that our investments and efforts are being made in the right direction.”
Commenting on the development, Mr. Arvind Vohra, Country CEO & MD, Gionee India said, “Keeping in line with our Make in India initiatives, we have taken it a step further from having two facilities to setting up our own manufacturing unit in India. This unit will help us achieve the inventory levels required to take Gionee to the next level of growth. It is a dream project for us, and our aim is to not justset-up a factory, but an entire modern township around it, for our employees. We are thankful to the Haryana government for giving us the opportunity to give shape to our endevours.”