Foxconn to make ‘Made in India’ phones

While the focus of the Foxconn facility will be entirely on handling F and P series phones.

The reported related to the Smartphone launch also highlighted the fact that as the new Gionee Elife E8 is launched at Rs 34,999, the Smartphone would certainly give a tough competition to its rivals including Samsung Galaxy A8, Motorola Moto X Style, OnePlus Two, Huawei Honor 7 and many more which are ranged at the same price. The smartphone also features an 8MP front-facing snapper. “The new Foxconn plant will have five assembly lines”, Vohra told ET. The local production will enable the company to introduce devices quickly and lower costs for consumers, helping drive sales.

He also said that by that point they will be selling just “Made in India” phones in the region. “We would be working towards making India manufacturing a hub for not only India, but almost countries too”. “This will be a stepping stone towards component-level manufacturing or full-fledged manufacturing”, he explained.

Gionee partnered global manufacturers Foxconn and Dixon in September to begin production in India. The company will be investing $50 million over next three years for its Make in India plan. We are very excited to find a great strategic partner as Snapdeal for Gionee ELIFE E8″ William Lu, president of Gionee added “Gionee’s ELIFE E8 is going to be one of the finest offering to the Indian smartphone market with its cutting edge technology and design element.

Gionee: Gionee is geared up announce its first Made in India smartphone today at an event to be held at Visakhapatnam, today evening. Having sold over seven million devices in India, Gionee is now looking to double sales in 2015-2016, backed by the support provided through its India manufacturing.