Within just 8 months of operations in India, LeEco the global internet technology conglomerate announced the launch of its first state-of-the-art smartphone manufacturing facility in Greater Noida, India.
This swift alignment with the Government’s Make in India initiative is a reaffirmation of LeEco’s commitment to India and its long-term plans for the country.
The facility has been set up at a significant investment of 5 million USD and a further 2 million USD has been earmarked for the automation process.
The technology giant has collaborated with leading electronics manufacturer Compal Electronics to set up this facility in the country.
The ceremonial lamp lighting to signify the official launch of plant operations was commenced by The Hon’ble Union Minister for Electronics & Information Technology and Law & Justice, Shri Ravi Shankar Prasad in the presence of Atul Jain, COO of Smart Electronics Business for LeEco India.
Based in Greater Noida, the facility is spread over an area of 200,000 sq. feet and has a capacity of producing close to 60,000 phones per month initially. LeEco plans to rapidly ramp up the production to approximately 200,000 Superphones per month by the end of 2016.
LeEco entered the Indian market in January 2016 and took it by storm.
The company has launched five Superphones, its LeEco membership of content and internet services, its e-commerce platform LeMall and most recently its SuperTVs – the Super3 Series
The Superphones have made an enormous dent in the market and the 1 million milestone speaks for their growing popularity.
To celebrate this occasion, LeEco will be offering highly attractive “Le Million Joy” package for Indian users from August 30 to September 01,2016 available both on LeMall and Flipkart
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