Indian and Chinese mobile phone industry players, including Micromax and Foxconn, will participate in the ‘Make in India’ campaign and look for partnerships to set up mobile handset and component manufacturing facilities in the country. Also Read - Apple reportedly going to make iPhone 12 in India from next year
“As many as 107 mobile phone industry players of India and China, including Micromax and Foxconn, will participate in the ‘Make in India’ campaign. The deliberations will take place at the first China-India Mobile Phone and Component Manufacturing Summit on January 13,” Deki Electronics Limited Managing Director Vinod Sharma, also a representative of Electronic Industries Association of India, told reporters. Also Read - Xiaomi launches Mi For India initiative to distribute 2,500 phones to COVID-19 affected children
The companies during the summit will look for partnerships to set up mobile handset and component manufacturing facilities in India, he added. The summit, being organised by Indian phone industry body Indian Cellular Association in association with Smart World (Shoujibao), China’s leading mobile industry service platform and technology media, is an outcome of Prime Minister Narendra Modi’s visit to China in May last year, Sharma said. Also Read - Daiwa launches 49-inch and 55-inch 4K Smart TVs in India, price starts at Rs 29,999
Major Chinese players like Techno, Gionee, Coolpad, Vivo, ZTE, Meizu and Huawei are expected to be part of the entourage, Sharma said. The other Indian mobile industry players will be represented by major players like Lava, Karbonn, Spice, Vodafone and Intex, among others, he said.
Sharma said the Chinese companies are keen on setting up facilities in India because their market back home has dried up as it is saturated and become heavily export dependent.
“Tieups will be seen happening between small companies and there are high possibilities of big players going all alone to set up the manufacturing units,” he said.