Coolpad partners with Videocon, announces #MakeInIndia plans

China-based Coolpad will invest $300 million in manufacturing, R&D and ID design in India.

Written by Debashis Sarkar | New Delhi | Updated: October 12, 2015 7:54 am
Coolpad, CoolPad make in India, CoolPad #MakeInIndia, CoolPad Note 3 price, CoolPad Note 3 specs, CoolPad Note 3 Amazon, Coolpad Videocon partnership, Coolpad smartphones, Coolpad Note 3, smartphones, technology news China-based Coolpad will invest 0 million in manufacturing, R&D and ID design in India.

Chinese telecommunications equipment company Coolpad today announced its partnership with domestic electronics brand Videocon to make smartphones in India. Coolpad expects to roll out half a million devices from its facility in Maharashtra and the first locally made smartphone will be available in Q1 2016.

“India is a very crucial market for us and we believe that we will learn a lot from our investments in the country which will affect the company and its business globally,” said Dr. Johnson Luo, Coolpad, V.P. Coolpad Group. It ill invest $300 million in manufacturing, R&D and ID design.

The company also partnered with Amazon India to introduce an affordable smartphone with fingerprint scanner called Coolpad Note 3. Priced at Rs 8,999, the dual SIM smartphone with 4G support offers a 5.5-inch HD display screen, 13MP rear and 5MP front cameras and a 3,000 mAh battery.

The smartphone runs its custom UI based on Android Lollipop and is powered by a 64-bit 1.3GHz octa-core MediaTek MT6753 processor with 3GB RAM and 16GB internal storage with support for up to 64GB microSD cards. The device will go on sale starting October 20 exclusively on on prior registration.

PICTURES: Check out the Coolpad Note 3

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  1. Hemen Parekh
    Oct 10, 2015 at 12:13 pm
    Where is the Proof ? Where is the proof that " Make in India " initiative is actually succeeding in getting Foreign Companies to come forward to invest in India ? No need to wonder ! Two ways to unearth the truth - courtesy Google : ( 1 ) Type " Who is investing in India ? " Get 82,800 results ( 2 ) Type " B2BmessageBlaster " Get 987 results Either way , you will get to see 1800 Stories of Investments in India , from 85 Foreign Countries Believe it Make in India is a roaring success ! -------------------------------------------------------------------- hemen parekh 10 Oct 2015
    1. R
      Oct 9, 2015 at 8:47 pm
      Proud to be strong supporter of TEAM MODI and SUPER PM of ENTIRE INDIAN HISTORY we are with you sir we will VOTE BJP and make our country PROUD Jai sree ram
      1. Thirugnanam Ramakrishnan
        Dec 14, 2015 at 12:46 pm
        World worst top mobile is coolpad dazen 1 because I bought two months before now repaired I go service center he said mother board changed so pay 4000 like that its happened in India tamilnadu please don't buy coolpad mobile.its waste