Coolpad to Invest INR 19.5 Bn in India

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Coolpad one of the top smartphone vendors in China is planning to invest INR 19.5 Bn in India, a country having high demand for smartphones. The investment will be for quarter ending March 2017, with an aim of shipping around 0.5 Mn smartphones every quarter. Company also announced a partnership with Videocon to manufacture phones in India under, “Make in India” initiative. Read more

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Sweekar S

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