After Xiaomi has announced that they will be joining Make In India program and will start manufacturing their handsets in India, now another smartphone maker, Asus has announced their support for Make In India initiative and company will soon start the local manufacturing of its smartphones in Sri City, Andhra Pradesh, for this Asus has joined hands with Foxconn.
Company will kick-start its manufacturing operations with Zenfone 2 Laser which will soon be followed by ZenFone Go. The company aims to manufacture 150,000 smartphones per month by the end of the current financial year which will account for almost 80% of sales in India.
Peter Chang, Regional Head – South Asia & Country Manager – System Business Group – ASUS India told TechnoArea “India offers us a huge opportunity as smartphone penetration is just 10%. We are excited to announce our local manufacturing facility that will cater to the growing demands of the marketThe Indian government’s focus on ‘Make in India’ has opened a plethora of opportunities for international companies. It is an opportune time to make the announcement as it will enable us to bring our cutting edge products to consumers who are looking for features and design sensibilities of a high-end smartphone at an economic price.”