The company did not announce its investment plans.
Pete Lau, founder and CEO, OnePlus and Vikas Agarwal, general manager – India, OnePlusa made announcement today.
“Producing smartphones in India is one of the most important decisions that we have made so far at OnePlus. India being one of our biggest markets worldwide, we are committed to a long term sustainable growth path,” said Pete Lau, founder and CEO, OnePlus.
OnePlus received more than 5 million registrations worldwide for its latest release the OnePlus 2.
OnePlus will start manufacturing of the latest smartphones 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.
The smartphone manufacturing facility will also generate direct employment of over 1000 full time workers.