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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.

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