In a major victory for the government’s efforts to make India a global manufacturing hub for electronics and smartphones, top Chinese companies such as Vivo, Oppo and Xiaomi have agreed to export India made devices to countries around the world, giving away a slice of critical manufacturing output from their Chinese factories.
Export of the Made-in-India smartphones by Chinese companies would mean a shift in their manufacturing strategy as it will perhaps be the first time that they share their global production volumes with India and open up their world markets, something that they have steadfastly refused to do till now.
Sources said that the government has “almost made it a pre-condition” for the companies to begin smartphone exports from India, something that is being aggressively pursued by Samsung and Apple. While Samsung exported phones worth $2.8 billion during the April to October period this year, Apple – which is making iPhones at factories of Foxconn, Wistron and Pegatron in India — is understood to have shipped devices to the tune of $2.2 billion. In comparison, the Chinese makers have negligible numbers despite having a lion’s share of the domestic Indian market.
Ref: ToI.
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