Chinese manufacturer LeEco has today announced the launch of its first manufacturing facility in Greater Noida, as a part of Prime Minister Narendra Modi’s ‘Make in India’ initiative. Ravi Shankar Prasad, Union Minister for Electronics and Information Technology, Government of India remotely inaugurated the unit at an event in Delhi.
LeEco spokesperson also made it clear that in coming day India will company global export hub. The Greater Noida, the facility is spread over an area of 200,000 sq. feet and has a capacity of producing close to 60,000 phones per month initially. LeEco plans to rapidly ramp up the production to approximately 200,000 smartphones per month by the end of 2016.
Atul Jain, COO of Smart Electronics Business at LeEco India said at the event, “We are proud to have established our local manufacturing facility within 8 months of entering the country, which is well ahead of schedule.”
Sometime back Atul Jain, COO LeEco India had also said to The Mobile Indian, “We are setting up in-house Content Delivery Networks (CDNs) in 10 cities across the country to boost out the content ecosystem and will be investing US$ 10 million for the same”.
LeEco entered the Indian market in January 2016 and has launched five smartphones, content and internet services, its e-commerce platform LeMall and the Super3 Series smart TVs.