VVDN is in advanced stages of designing mobile phones with 5G support for an American brand, a top official told ET, adding that the company plans to invest $100 million in the next 3-5 years to expand capacity.
VVDN is aiming to take advantage of the shift of global companies away from China and be the first Indian manufacturer to have design capabilities in-house, without support from a technology partner.
“We are investing in designing phones. We have already taken that initiative, and we are building a 5G phone as we speak for the North American market. We already have a customer, and the designs are in advanced stages,” Vivek Bansal, president, VVDN, told ET.
Bansal said that the company is not only looking at design, but also manufacturing smartphones, despite not being part of the production-linked incentive scheme for mobile phones.
“We are building the whole piece and it should be ready in the next couple of months. This will have both design and manufacturing aspects,” he said, adding that the company is closely working with supply chain partners like Qualcomm and MediaTek for sourcing components.
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