Xiaomi, Oppo, Vivo may move some export production from China to India

By Lokmat English Desk | Published: December 10, 2022 03:33 PM2022-12-10T15:33:08+5:302022-12-10T15:33:08+5:30

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Chinese companies are likely to give a big blow to China in the coming time. This can be of great benefit to India. According to a report, Chinese smartphone brands Xiaomi, Oppo and Vivo have agreed to export Made-in-India smartphones to other markets.

This move by companies could reduce manufacturing output at Chinese plants. Reports have claimed that this is a big victory for the government. Also, for the first time, Chinese smartphone companies will share global production volume with India.

If this happens, it is believed that the difference in the manufacturing strategy shift will be seen in the coming time. According to the report, companies such as Xiaomi, Oppo and Vivo have planned to export mobiles manufactured in India.

Companies such as Xiaomi, Oppo and Vivo can make smartphones made in India available for sale in Africa, the Middle East, Latin America and parts of Europe. Apart from this, it is also said that it can be exported to Pakistan as well.

These three companies can take this step due to the Government's Production Linked Incentive Scheme. The scheme provides additional benefits to local manufacturing companies. Apple and Samsung are also benefiting from this.

The report cited several sources. The report also said that the government's increasing pressure on the companies Xiaomi, Oppo and Vivo has worked. Local manufacturing firms Optimus Infracom and Dixon are also in talks with Chinese companies.