Back to Career News

500 mn USD to be Invested in India by Coolpad over 5 Yrs

June 28, 2019

500 mn USD to be Invested in India by Coolpad over 5 Yrs

A senior official of Coolpad Technologies said that the company looks to investing around 500 million USD in the country over the next 5 years to boost sales and local manufacturing.

Coolpad Technologies India CEO Fisher Yuan said that the company plans to invest 500 million USD in India with focus on operation, marketing, materials, and expanding the sales team and after-sales services.

The company achieved sales of 1 million smartphones this year, Coolpad Technologies online business head Pankaj Upadhyay said.

Image Source

Recommended for you ...

RBI Directs Payment Companies to Monitor High-Value Transactions During Elections
RBI Directs Payment Companies to Monitor High-Value Transactions During Elections

April 22, 2024

RBI's Innovative Solution Revolutionizes Banking for Women Self-Help Groups
RBI's Innovative Solution Revolutionizes Banking for Women Self-Help Groups

April 22, 2024

RBI Mandates Key Fact Statements for Loan Transparency
RBI Mandates Key Fact Statements for Loan Transparency

April 22, 2024

Chat on WhatsApp