3. Introduction to VIVO :
VIVO founded in - 2009
VIVO founder - Shen Wei
VIVO H.Q. - Dongguan, Guangdong, China
VIVO Estimated -annual Revenue- $25M
VIVO Products - Mobile phones
4. About the NEWS:
VIVO invests 4000 crores in UP
VIVO is opening new manufacturing plant
169-acre land acquired for the construction
VIVO expands its manufacturing capabilities
Generates 5,000 jobs in its first phase of expansion.
5. Reason for investing :
VIVO entering next phase of growth in India
VIVO promotes training and job opportunities
VIVO aims to double the production capacity
VIVO planning to introduce new innovative tech
6. SWOC
STRENGTH
High Financial position
1,600 R&D Personnel
WEAKNESSES
Low market value
Less promotion strategy
OPPORTUNITIES
innovative tech
Market
challenges
Huge competitors
Less mobility
7. Conclusion:
•Promotes high employment opportunities
•Large manufacturing sector units
•Brings innovative technology
•Preferred brands for young people
•Creates Revenue by Make in India progress