Tech devices and smartphone maker OPPO India announced the launch of its newest project named – ‘Vihaan’. Speculations suggest that this project would boost the smartphone ecosystem in India by strengthening small businesses and local supply chains. Due to this recent initiative, the company ought to invest around $60 million. Though this project may take around five years to show its effects, and would definitely boost the MSMEs and SMEs in India.
According to the statement shared by OPPO, the company has partnered with the Govt. Of India and Tier 1 tech industries to set up a successful operation. Vivek Vasishta, the Vice-President of Public Affairs at OPPO India, said, “We have employed over tens of thousands of Indian locals contributing to the development of the electronics industry and enhancing India’s stature in the global value chains.”
In recent years OPPO has contributed considerably to making smartphones under the ‘Make in India’ project. They have turned out to be a forward-looking company with industry-friendly policies; from smartphones to electronics and innovations, the company is promoted throughout the country as an undefined face in the market.
The Vihaan Project is a national vision for the country that emphasises developing next-gen technologies and focuses on localising and empowering local supply chains and small-ranging businesses.
