Chinese smartphone giants seek Indian partnerships amid govt push

Several major Chinese smartphone manufacturers Vivo, Oppo, and Xiaomi are in discussions to collaborate with Indian companies for manufacturing and distributing their products in the country, according to a report by Mint. This move follows earlier attempts to establish joint ventures with Indian partners, which did not materialise.

The Indian government has been nudging foreign companies to partner with local firms under its ‘Make in India’ initiative. However, major Indian conglomerates, who could be potential equity partners, prefer to set up their own manufacturing operations. These operations would be akin to local electronics manufacturing services or large global contract manufacturers, allowing them to produce multiple brands and potentially engage in exports.