<p> Chinese electronics firm LeEco is planning to manufacture handsets in the country. The decision follows the phenomenal response to its sale on eCommerce website Flipkart.<br /><br /></p>.<p> “We plan to have local manufacturing. The plans for local manufacturing are at a drawing board stage currently, but we plan to start building phones from a local unit in the second half of calendar year 2016 (CY2016),” LeEco India Smart Electronics Business Chief Operating Officer Atul Jain told Deccan Herald.<br /><br /> We are evaluating both options — assembly as well as full manufacturing — and hope to take a call soon in this regard, Jain said, adding that the company will take all approvals (if required) from the government before starting the unit.<br /><br /> LeEco, which has sold four lakh units in India so far exclusively through the online route, is planning to soon sell its handsets through the offline mode.<br /><br />“We have already applied to the government for setting up our own stores and hopefully plan to start selling in two months in our own stores as well as multi-brand outlets,” Jain said.<br /><br /> The plan is to have 6-10 own stores by the end of this CY and to have 500 franchise stores as soon as possible to sell our handsets, Jain added.<br /><br /> According to Jain, the company is also planning to expand its portfolio in the country as soon as possible. “We will be introducing television sets by June-end. Besides this, the company will also be bringing more phones which have been introduced elsewhere, into India, besides looking at more content partnerships in the country,” Jain said.</p>
<p> Chinese electronics firm LeEco is planning to manufacture handsets in the country. The decision follows the phenomenal response to its sale on eCommerce website Flipkart.<br /><br /></p>.<p> “We plan to have local manufacturing. The plans for local manufacturing are at a drawing board stage currently, but we plan to start building phones from a local unit in the second half of calendar year 2016 (CY2016),” LeEco India Smart Electronics Business Chief Operating Officer Atul Jain told Deccan Herald.<br /><br /> We are evaluating both options — assembly as well as full manufacturing — and hope to take a call soon in this regard, Jain said, adding that the company will take all approvals (if required) from the government before starting the unit.<br /><br /> LeEco, which has sold four lakh units in India so far exclusively through the online route, is planning to soon sell its handsets through the offline mode.<br /><br />“We have already applied to the government for setting up our own stores and hopefully plan to start selling in two months in our own stores as well as multi-brand outlets,” Jain said.<br /><br /> The plan is to have 6-10 own stores by the end of this CY and to have 500 franchise stores as soon as possible to sell our handsets, Jain added.<br /><br /> According to Jain, the company is also planning to expand its portfolio in the country as soon as possible. “We will be introducing television sets by June-end. Besides this, the company will also be bringing more phones which have been introduced elsewhere, into India, besides looking at more content partnerships in the country,” Jain said.</p>
