China based startup OnePlus has announced that it will begin manufacturing devices locally in partnership with Foxconn .

The partnership was formally announced by Pete Lau , founder & CEO, OnePlus and Vikas Agarwal who is general manager – India, OnePlus in the presence of prominent officials from the Andhra Pradesh government.

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OnePlus smartphones will be locally made in India at Foxconn’s Rising Stars factory in Andhra Pradesh by the end of 2015.
Foxconn, which manufactures Apple devices in China, has also signed up to build products for Asus and Xiaomi.

“Today is a big day for us. Producing smartphones in India is one of the most important decisions that we have made so far at OnePlus, and we are thankful to the Government of Andhra Pradesh and Foxconn for helping us make this happen. India being one of our biggest markets worldwide, we are committed to a long term sustainable growth path. This move will strengthen our presence and help us step up momentum in India,” Pete Lau said.

OnePlus’ decision to make in India will help the company to locally fulfill the demand for OnePlus’ smartphones in India in the future.

Manufacturing devices locally will help the company avoid some import duties.OnePlus India general manager Vikas Agarwal said that it’s likely that those savings could translate to lower prices for customers in India in the near future, as well as quicker availability after devices are launched.

A major benifit from this initiative is that it will also generate direct employment for over 1,000 people on a full time basis, the company informed. This will in turn boost Make in India, prompting more and more companies to join the initiative in future.

Also India is expected to overtake the US in 2017 to become the world’s second largest smartphone market after China.

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Sangeeta Ghosh

Sangeeta is an engineering graduate and is passionate about painting and music. She is always blooming with new ideas and is a real go to person when you are searching for one. Exploring good dining places across the city is her favourite off-field indulgence. At KnowStartup, she is an integral part of the editorial team.

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