The electronic manufacturing industry in India is picking up pace. The Amber Group has signed a manufacturing deal with OPPO India for manufacturing mobile phones for OPPO, OnePlus, and Realme. This deal would help build stronger manufacturing capacities in India, enhance supply chain efficiency, and increase India’s importance in the manufacturing of smartphones across the globe.
Enhancing the manufacturing of mobile phones in India:
The Amber Group has entered into a manufacturing deal with OPPO Mobiles India Private Limited (OPPO India). It is a licensee of mobile phone manufacturing for OPPO, OnePlus, and Realme in India.
As per this deal, Amber Group will manufacture mobile phones for these brands through amalgamation of their global product experience with that of Amber Group’s manufacturing strengths.
Increasing Scale and Efficiency of Operations:
This partnership shows OPPO India’s trust in the capabilities of Amber Group to produce high-quality, reliable, and scalable products. The partnership is another landmark step for Amber Group to establish itself as a manufacturing company and drive future growth.
Speaking about the partnership, Jasbir Singh, Executive Chairman & CEO, Amber Enterprises India Limited, said: “We are excited for this manufacturing collaboration with OPPO India. This partnership reflects our manufacturing abilities and ability to support globally renowned brands with quality, reliability, value addition, and scale.”
Increasing Future Growth Opportunities:
There would be great synergies between OPPO India and Amber Group that will help Amber Group establish itself as a preferred B2B manufacturing partner.
Both companies will cooperate to launch smooth production processes while seeking further cooperation. The joint venture is indicative of the increasing trend in India toward local manufacturing, as international companies continue to make investments in their local production facilities.
Ernst & Young (EY) was the financial advisor for the transaction. AZB & Partners and Aekom Legal were the legal advisors for the transaction.
