Now even if foreigners have phones made by Chinese companies in their hands, it will be written on it - Made in India. Chinese smartphone manufacturing companies are sending mobile phones made in india to the markets of America, Africa and West Asia. Till now only goods made in china and vietnam were sent to these places. These Chinese companies are continuously increasing their manufacturing capacity in India. In the regulatory filing filed by the companies to the Registrar of Companies on May 12, it was told that during the financial year 2024, Oppo mobile india has earned Rs 272 crore for the first time. Whereas, Realme mobile Telecommunication (India) has earned Rs 114 crore. However, the company is yet to submit the financial result of FY 2025.
Chinese companies interested in Made in India
Not only this, Hisense Group, a big brand selling household goods and televisions, has also planned to manufacture its products in india and export them to West Asia and Africa early next year. This plan of Chinese companies to shift manufacturing to india is very important, because till now they used to focus only on their domestic markets for production. This kind of change has been seen at a time when scrutiny of Chinese companies increased after the Galwan violence in the year 2020. Chinese companies were asked to do manufacturing in partnership with indian firms. Along with this, appoint indians in the senior management and board of the company.
apple is also shifting business
It is worth noting that earlier, amid Trump's tariff war, apple had announced that the phones of the quarter to be exported to America would be manufactured and sold in India. Along with this, apple is constantly engaged in increasing its production in India. For this, it is constantly expanding its units. However, trump had threatened and said that he does not want apple to produce in india in this manner. But, ignoring Trump's words, apple is constantly increasing its investment in India..jpg)
click and follow Indiaherald WhatsApp channel