Chinese handset maker Cool pad said that will produce one million smart phone units in the first half of 2016 though Videocon facility which is situated in Aurangabad, Maharashtra.
In October, the company had announced an investment of over $300 million in Manufacturing, R&D and ID design in India.
"Keeping up with our commitment of Make in India, we are proud to announce that we will initiate the first phase of our investment by manufacturing one million Cool pad "Made in India" smart phones by the first half of 2016," Guo Dyeing, Chairman and Former CEO of Cool pad Group, said in a statement.
The company said that its leadership team visited Videocon facility to assess and finalize on how much support and technical expertise is required by its partners to manufacture Cool pad smart phones.
Recently, Cool pad India launched the black variant of its smart phone Cool pad Note 3 exclusively on Amazon. The device was originally launched in October for Rs 8, 9999 in India.
For More Information: http://www.videocontelecom.com