The Chinese major phone developer Gionee has cleared that they plan to invest heavily in the Research and Development department of Gionee in India. Gionee considers India as a potential market for their phones and they plan to double their sale in India to 8 million handsets to be sold by this year end.
Gionee recently launched its flagship phone Gionee Elife S7 in India last week and will hope to etch their names in the ever growing phone manufacturing market in India.
Gionee’s CEO William Lu said in a statement,
We have a dedicated team of 12 people, who are working on customizing the experience for local needs. Hardware is universally the same, it is the software that differentiates the experience. We plan to ramp this up and have about 30 highly skilled people as part of the team by the end of the year.
Gionee at present controls 4% phone manufacturing market in India and plans to reach among the top 5 phone manufacturers in India.
Gionee is also planning to start a manufacturing unit in India and is ready to invest up to 300 crores for the project.
Gionee India Chief Executive Officer and Managing Director Arvind Vohra said,
We have already seen two locations. Our head of manufacturing, who takes the final call, is visiting in three weeks. Post that, we will be in a better position to talk about the location,
Gionee has already sanctioned a budget of Rs 225 crores for marketing and advertising in India from the Rs 132 crores sanctioned last year.