Three popular Chinese brands are reportedly in talks with Indian phone manufacturers about making phones locally and selling them to the global markets. As per a Bloomberg report, this decision comes after considering the cash incentives that the local phone makers get.
Will we get assembled in India phones?
The three brands in question are Xiaomi, Oppo, and Vivo, some of the largest Chinese smartphone makers. As per the report, these companies are in discussion with two of the well-known Indian manufacturers. Xiaomi is following up with Dixon Technologies, while Oppo and Vivo are in talks with Lava. If the plan succeeds, we expect to see phones from Xiaomi, Oppo, and Vivo labeled with the ‘Assembled in India‘ tag.
Reportedly, these brands want to take advantage of cash incentives available to local phone makers like Lava and Dixon. With the incentive benefits, the company may be able to offer affordable products in India. The phone prices may vary for the other markets getting these India-assembled devices.
Both Lava and Dixon technologies are said to be aimed at boosting India’s competitiveness and making the country a hub for electronics production. If all goes as planned, this process could start as early as this year.
As for now, company officials from these three brands are likely to visit the Indian factories soon.
RELATED:
- OPPO A96 4G, A76 4G posters leak revealing specs & design for India
- Xiaomi 12 Ultra cameras may dominate DXOMARK once again, just like the Mi 11…
- Vivo Nex Fold appears on 3C certification database with 80W fast charging
- Vivo Y01 goes official with Helio P35 and Android 11 Go Edition
- Redmi 10 India launch date officially out along with key features
- OnePlus Nord 2T to bring back the Sandstone finish of the OnePlus One: reveals…
- Samsung records Rs 1,500 crore ($196mn) in sales of Galaxy S22 series in India