Supreme handset maker OnePlus company is looking out to widen its investments in India to increase its make in India strategy reach 100% local manufacturing including mobile phones, smart TVs is creating a blueprint for its Internet of Things (IoT) products, Pete Lau said.
He additionally added that, they are looking into investments in development of make in India strategy and the manufacturing unit. This is inclusive of smart TV and mobiles being given a push towards 100% local manufacturing . For their wider IoT products, they are finding a parallel map as they want to create products locally .
OnePlus is giving Rs1,000 crore over three years to widen its Indian research and development centre, which will be turned into largest research facility by 2022, in global comparison.
The company saw its total smartphone shipments rise to 200% in Q4 2020 and 300% in Q1 2021, by its middle ranged OnePlus Nord and OnePlus 8T phones.
OnePlus is now widening its middle-range Nord series with the opening of Nord CE 5G along with a brand new smart TV. The company said that , “We will continue the process and get more Indians to use the products we bring. Also, our aim on flagship products continues as it has made a strong reputation in market.