One of the fastest growing tech startup, One Plus today announced its plans for production of its upcoming smartphones locally in India, in an event hosted in Bengaluru today. Company has partnered with Foxconn and production will take place in Foxconn's Rising Stars Factory within
the Sri City Integrated Business City in the state of Andhra Pradesh by end of
2015. This collaboration was formally announced by Pete Lau, Founder & CEO, OnePlus and Vikas Agarwal, General
Manager – India, OnePlus along with a special video message from Shri Dr. Palle Raghunatha Reddy, MSc,
MPhil, Phd, Hon’ble Minister, Information Technology, Electronics &
Communications, Government of Andhra Pradesh.
Representing the
Government of Andhra Pradesh at the event were Shri B. Sreedhar, IAS, Vice Chairman & Managing Director - Andhra
Pradesh Industrial Infrastructure Corporation Ltd. and Shri S. A. Srinivasa Moorthy, Chief Executive Officer, Andhra Pradesh
Electronics & IT Agency.
Addressing the
gathering on this occasion, Pete Lau,
Founder & CEO, OnePlus said, “Today is a big day for us. Producing
smartphones in India is one of the most important decisions that we have made
so far at OnePlus, and we are thankful to the Government of Andhra Pradesh and
Foxconn for helping us make this happen. India being one of our biggest markets
worldwide, we are committed to a long term sustainable growth path. This move
will strengthen our presence and help us step up momentum in India.”
Congratulating the
OnePlus team on this move, Shri Nara
Chandrababu Naidu, Honorable Chief Minister, Andhra Pradesh, said, “We are
pleased to welcome one of the fastest growing smartphone companies in the
global market - OnePlus - to make in India. Our dream is to catapult Andhra
Pradesh to become one of the hottest destinations for local manufacturing in
India, and I believe with brands such as OnePlus joining in, that dream is quickly
becoming a reality. The Andhra Pradesh Government assures all cooperation and
support to OnePlus to help them cater to the growing demands in the India
market.”
Vikas Agarwal, General Manager – India, OnePlus, said, “We are excited to add another significant chapter in our India
journey as we look forward to starting local production of our smartphones
within a year of our launch in the country. Local production will not only make
our operations more efficient in terms of cost and working capital requirements
but also help us in making our products available for sale much faster than
ever before.”
Vikas Agarwal further
added, “Ever since OnePlus debuted in India, we have been deluged with requests
for invites to buy our products, with more than 5 million registrations
worldwide for our latest release - the OnePlus 2 - alone! With the best of our
intentions of fastening up the availability process, we have been constrained
by a few supply chain related challenges
in meeting consumer demands. The local production will help to address this
issue and better cater to the fast growing demands for OnePlus products in
India.”
Local production of OnePlus’ upcoming devices will start
before end of this year at the 30,000 sq. ft. facility at Foxconn’s Rising Stars
factory within the Sri City Integrated Business City in Andhra Pradesh. The
facility will have a cumulative peak capacity of producing up to 500,000 units
per month, thus scalable to locally fulfil the demand for OnePlus’ smartphones
in India in the future. The facility will also generate direct employment of
over 1000 full time workers, thereby giving further support to the Government’s
Make in India initiative.
AP is care of address for mobile phone manufacturing!
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