Alibaba-backed Meizu looks to Make in India
BY PTI28 Aug 2015 5:03 AM IST
PTI28 Aug 2015 5:03 AM IST
Alibaba-backed Meizu on Wednesday said it will start manufacturing smartphones in the country over the next 6 months as the Chinese firm eyes a bigger play in the burgeoning Indian handset market.
The company has launched its flagship device ‘MX5’ at Rs 19,999 in partnership with Alibaba-backed Indian e-commerce firm Snapdeal.
“We have been in discussions with Foxconn and hope to sign the contract soon... We should start manufacturing in India in the next six months,” Li Nan, Meizu Technology V-P Marketing, said.
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