Gionee to setup manufacturing unit in Faridabad
A memorandum of understanding has been signed between the Haryana government and the mobile manufacturer over the issue.
According to reports, the factory will be set up with an initial investment of Rs. 500 crore.
"The manufacturing unit will be set up over an area of around 50 acres in Faridabad and will provide employment to over 28,000 people in the next three years," The Hindu BusinessLine reported.
Chairman, Gionee Mobiles, Liu Lirong and Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) signed the MoU.
Liu Lirong was quoted as saying by the news paper, “Gionee has been seeing exponential growth here, which will only increase rapidly as time progresses. Added to it, are factors such as great government policies, availability of skilled manpower and infrastructure support that Haryana provides. Hence, we are confident that our investments and efforts are being made in the right direction.”
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