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LeEco India opens its 1st local manufacturing plant

By Niranjan Mudholkar,

Added 31 August 2016

Set up at an investment of US$ 5 million and a further US$ 2 million earmarked for the automation process.

Present at the momentous occasion, Atul Jain, COO of Smart Electronics Business at LeEco India said, "This indeed is a historic moment for us as we translate our intent of aligning with the Government's Make in India initiative with investment and other commitments. We are proud to have established our local manufacturing facility within eight months of entering the country, which is well ahead of schedule.

"Also, the 1 million milestone marks our strong mobile phone presence in the Indian market and we hope to continue catering to the growing demand of users with our locally produced Superphones. We would also like to thank our consumers on this occasion for their constant feedback and support which has helped us in no small measure to grow at this scorching pace in India."

Based in 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 Superphones per month by the end of 2016. This facility will now ensure that users get the same quality of products manufactured locally at better price. LeEco is already employing close to 200 skilled employees at the facility and as it scales up manufacturing, it plans to ramp up this number significantly. This initiative will play a key role in fostering innovation, protecting intellectual property and enhancing skill development.

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