In the recent few years, various smartphone companies like Vivo, Oppo, Xiaomi and Oppo have shifted focus to India as their favourite place for manufacturing their hardware because of the leverage they get in respect to labour and government. Currently, Huawei has also come up with plans to build their manufacturing plant in India in the beginning of 2019. Moreover, they have already decided to open 1000 stores throughout the country in order to boost their retail presence.
Huawei Global vice president Jim Xu revealed today that they consider theĀ Indian market of high importance as they aim to initiate their first step by the launch of fresh mid and high range devices. Manufacturing in IndiaĀ extremely decreases the cost of smartphones in the Indian market and the 20% import duty is also averted when the smartphones is manufactured in theĀ local market, said Xu. Additionally, Huawei holds 153 million in global smartphone sales and it is believed that they are going to collaborate with Flex as a manufacturing partner based in Chennai. On top of that, this will increase the opportunity for employment in India.
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Not only in Asia but the company also claims that it has a noteworthy development across Europe inĀ market. Furthermore, Xiaomi which right now is the leading phone manufacturer in India purchases its devices from Foxconnās India unit. Certainly, India has become a giant in the mobile industry with tremendous growth, but China is still the worldās biggest smartphone manufacturing hub. Huawei has also mentioned that they look forward to shipment of other products such as smartwatches and laptops and also they have plans to manufacture these in local when they have obtained the big name in the market.
