Suppliers wary to set up ops in India: Xiaomi

Feb 12, 2024



New Delhi: China Xiaomi has told New Delhi that smartphone components suppliers are careful about the establishment of operations Amid heavy scrutiny of Chinese companies by the government in India, according to the letter and a source with direct knowledge of the matter.
Xiaomi, which has the largest share of India's smartphone market at 18%, in the letter dated February 6 also asked that India consider reducing manufacturing incentives and import duties for certain smartphone components. The Chinese company assembles smartphones in India with mostly local components. reuters



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