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NEW DELHI: China’s Xiaomi has told New Delhi that smartphone component suppliers are wary about setting up operations in India amid heavy scrutiny of Chinese companies by govt, according to a letter and a source with direct knowledge of the matter.
Xiaomi, which has the biggest share in India’s smartphone market at 18%, also asks in the letter dated Feb 6 that India consider offering manufacturing incentives and lowering import tariffs for certain smartphone components.The Chinese company assembles smartphones in India with mostly local components. Reuters
Xiaomi, which has the biggest share in India’s smartphone market at 18%, also asks in the letter dated Feb 6 that India consider offering manufacturing incentives and lowering import tariffs for certain smartphone components.The Chinese company assembles smartphones in India with mostly local components. Reuters
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