Xiaomi Expresses Concerns Over Component Suppliers’ Reluctance in India

Xiaomi Expresses Concerns Over Component Suppliers' Reluctance in India

VoM News Desk | February 11, 2024 | 08:56 PM IST | Technology | Follow on Google News

Xiaomi Expresses Concerns Over Component Suppliers’ Reluctance in India

Xiaomi Expresses Concerns Over Component Suppliers’ Reluctance in India

Xiaomi, holding the largest share in India’s smartphone market, has conveyed that its component suppliers are hesitant to establish operations in India due to the government’s scrutiny of Chinese companies.

In a letter to New Delhi, Xiaomi emphasized the need for confidence-building measures, suggesting that the government address concerns related to compliance, visas, and other factors.

The company also requested manufacturing incentives and reduced import tariffs for certain smartphone components.

The challenges faced by Chinese companies in India, particularly in the smartphone sector, highlight the ongoing impact of geopolitical tensions.

VoM News Desk

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