Question

    Which of the following global mobile company has announced to invest $60M in 5 years to support MSMEs for strengthening local smartphone supply chain in India?

    A Samsung Correct Answer Incorrect Answer
    B Oppo Correct Answer Incorrect Answer
    C Vivo Correct Answer Incorrect Answer
    D Apple Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Smartphone and smart device maker Oppo India has launched project ‘Vihaan’ for micro, small and medium enterprises (MSMEs) to strengthen the local supply chain for the smartphone ecosystem in India. Under the initiative, the company will invest $60 million in the coming five years. According to Oppo India, it has partnered with the government and the industry to encourage around 30 Tier-I suppliers set up operations in the country. Oppo Headquarters: Dongguan, China CEO: Tony Chen

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