Since 2014, the number of companies in India that are somehow related to the manufacture of smartphones and mobile phones has grown to two hundred. Chinese companies Xiaomi, Oppo and Vivo are now trying to negotiate with contract manufacturers to start smartphone production in India for delivery to the global market.
According to information Bloomberg, now Xiaomi, Oppo and Vivo are negotiating with Indian Lava International and Dixon Technologies about the possibility of custom manufacturing smartphones for deliveries abroad. As conceived by the authors of the initiative, deliveries will be established later this year. This system lures Chinese manufacturers with tax incentives provided by the Indian authorities. A deliberate policy of attracting electronics manufacturers to India has already resulted in the country becoming the world’s second largest maker of mobile phones.
According to the results of the fiscal period ending in March, India can export handsets for a total of US$5.9 billion. By 2026, exports may increase to US$60 billion. Foxconn, Wistron and Pegatron were the first to call the Indian Authorities to locate production. Chinese companies Xiaomi, Oppo and Vivo have also begun to show interest in organizing local production of smartphones in India. According to sources, Oppo and Vivo are looking forward to working with Lava, and Xiaomi plans to negotiate with Dixon. Of all the companies mentioned, only Vivo has confirmed its intention to export smartphones from India before the end of 2022.