Question
Which of the following global mobile company has
announced to invest $60M in 5 years to support MSMEs for strengthening local smartphone supply chain in India?Solution
Smartphone and smart device maker Oppo India has launched project ‘Vihaan’ for micro, small and medium enterprises (MSMEs) to strengthen the local supply chain for the smartphone ecosystem in India. Under the initiative, the company will invest $60 million in the coming five years. According to Oppo India, it has partnered with the government and the industry to encourage around 30 Tier-I suppliers set up operations in the country. Oppo Headquarters: Dongguan, China CEO: Tony Chen
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