The smartphone production is reportedly slowing down across the globe but the manufacturing setup in India is getting a boost as we already know that Apple is planning to shift the production of its iPhone as well iPad to the land of India and now we got a new piece of information which is suggesting that more Chinese smartphone brands are planning to shift their export productions from China to India and it is really a big boost to India manufacturing setup and it is also a success of the Government of the country for the made in India policy.
It is revealed that the popular Chinese smartphone brands like Oppo, Vivo, and Xiaomi have agreed to start exporting Indian-made smartphones to the global market and this particular shift in manufacturing setup will definitely offer a massive boost in the Indian manufacturing sector.
It is worth mentioning that the smartphone brands had previously refused to open their operations to export products outside India from the country but the new decision is definitely a victory to the policy of the government in India. Via
There are some factors are also involved in the new decision of the Chinese smartphone brands and that includes more stringent policies against Investments from China and the Production-Linked Incentive (PLI) scheme.
Let’s hope that the new move in the manufacturing setup will also help consumers by getting devices more affordable.
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