China's Vivo buys 169 acres land in UP, to invest â¹4,000 crore
Chinese smartphone maker Vivo on Thursday said it has acquired 169 acres of land in Uttar Pradesh and will spend â¹4,000 crore to set up its second plant in India. The new land has been acquired near Vivo's existing 50-acre manufacturing facility in Greater Noida. Vivo entered India's mobile handset market in 2014.