iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

OnePlus mulls boosting production in India with new investments

13 Jan 2023 , 12:01 PM

OnePlus is looking into new manufacturing investments in India, as the South Asian country remains its key growth market despite the global expansion.

OnePlus founder Pete Lau told ET that India would remain a key focus market for the Chinese handset brand and its product offerings.

OnePlus currently manufactures flagship devices in India, as well as mid-premium smartphones and smart TVs. It has already augmented into IT peripherals with the release of monitors and will soon release keyboards.

According to Navnit Nakra, CEO of OnePlus India, India is one of the Chinese handset maker’s largest markets worldwide, and the company is committed to long-term sustainable growth.

Nakra declined to provide specifics on the upcoming investments in local handset manufacturing. OnePlus has previously stated that it will invest Rs1,000 crore to expand its India R&D centre and Rs100 crore to expand its offline presence.

OnePlus was merged with its parent company, Oppo, in September 2021. Both companies have since merged their R&D operations in India, though OnePlus remains a separate brand in the country.

For feedback and suggestions, write to us at editorial@iifl.com

Related Tags

  • OnePlus
  • OnePlus India
  • OnePlus Investment
  • OnePlus News
  • Oppo
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Most Read News

Top Stocks for Today - 14th May 2025
14 May 2025|06:47 AM
Cipla Q4 Profit Surges 30% to ₹1,214 Crore
13 May 2025|11:22 PM
General Atlantic offloads stake in KFin Tech
13 May 2025|03:06 PM
Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.