The firm are looking to rope in manufacturers like Lava International Ltd. and Dixon Technologies to assemble the phones and begin exporting from their plants as early as this year
Chinese smartphone giants Xiaomi, Oppo and Vivo are reportedly in the process of holding talks with Indian manufacturers to make locally-manufacture smartphone for exports.
As per a Bloomberg report, the Chinese firms have taken this step hoping to take advantage of cash incentives readily available to local firms.
The firm are looking to rope in manufacturers like Lava International Ltd. and Dixon Technologies to assemble the phones and begin exporting from their plants as early as this year.
Oppo and Vivo have begun discussions with Lava while Xiaomi is courting Dixon, the sources of the publication said.
Both groups are eyeing to utilize the IT hardware PLI Scheme put in place by the Indian government last year.
Chinese executives are expected to begin visiting Lava and Dixon factories as soon as covid travel curbs lift, one person said.
India’s mobile exports have skyrocketed since the government introduced the PLI program in 2020. Mobile exports are expected to surpass 450 billion rupees ($5.9 billion) in the year ending March, a 30-fold jump in five years, according to the India Cellular & Electronics Association.
