After meeting with the Chief Minister of Andhra Pradesh, the Chinese smartphone firm Oppo is looking to invest Rs 1,000 crore to setup a manufacturing unit in Andhra Pradesh.
“An Oppo delegation, led by its Vice-President (mobile) Eric, held a meeting with Chief Minister N Chandrababu Naidu in Guiyang on the fourth day of his trip to China and showed interest in setting up a unit in the state with an investment of Rs 1,000 crore,” said a statement from the CMO. Mr. Naidu then told the company to present a detailed proposal.
Oppo, which entered India in 2014 and has a manufacturing plant at Noida, said the facility would create employment for 25,000 people.
The statement added that Naidu also apprised the delegation about the growing demand for hardware and various initiatives launched by his government in IT sector.
Later, Vice-Governor Qin Ru Pei of Guizhou met Mr. Naidu and explained about the governance structure in Guizhou while Naidu enquired about the green initiatives in the province.
Both Guntur district in Andhra Pradesh and Guizhou produce a special red chilli on which Naidu suggested that both sides could collaborate to boost production.