Chinese vendor LeEco has announced plans of setting up a manufacturing and research units in India. The manufacturer will leverage the government's "Make in India initiative, which incentivises local production of hardware.
LeEco's vice chairman and co-founder Liu Hong told Indo-Asian News Service that the vendor is currently evaluating different options for its facility:
The manufacturer is also looking to set up retail stores around the country, and will establish an R&D center in Bengaluru:
LeEco is witnessing strong sales of the budget Le 1s, and the vendor is all set to unveil the Le 2 and Le 2 Pro in the country on May 3. By heavily investing in the market and looking to partner with regional content creators as well as roll out local CDNs (Content Delivery Networks), LeEco is aiming to become the third-largest vendor in the country:
Harish Jonnalagadda is a Senior Editor overseeing Asia at Android Central. He leads the site's coverage of Chinese phone brands, contributing to reviews, features, and buying guides. He also writes about storage servers, audio products, and the semiconductor industry. Contact him on Twitter at @chunkynerd.
Jethalal champaklal Gadda marana mass da Posted via the Android Central App
No small smartphone company can survive in India now without local manufacturing after the Xiaomi, Asus, Micromax, Lava etc have started local production, the price advantage will be big enough to destroy their marketshare.
That's great... We appreciate that.. Of curse Indian wants lower price in height features phone.. Even me too..., mid range phone will be great. ~Android Central
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