Vivo recently announced its camera centric Y55L smartphone at Rs 11,980 (Source: Karthekayan Iyer) Vivo recently announced its camera centric Y55L smartphone at Rs 11,980 (Source: Karthekayan Iyer)Buoyed by significant growth in demand, Chinese handset vendor Vivo is “studying” the prospects of setting up its second manufacturing plant in India. “We are studying whether we should set up a second plant in India. We will be able to take a firm decision only by next year,” Vivo India Chief Marketing Officer Vivek Zhang told PTI. Vivo has also launched a new smartphone — Y55L — priced at Rs 11,980. Also Read: Vivo Y55L launched at Rs 11,980, has 8MP camera with manual mode“India is a very important market for us because of the maximum smartphone penetration.

Source: Indian Express October 06, 2016 08:37 UTC