Indian government have reportedly stopped VIVO from exporting just about 27,000 smartphones. Media stories have claimed that the telephones were held up on the New Delhi airport via the earnings intelligence unit (a department of the Finance Ministry) for over per week. This hold-up has affected the Chinese smartphone maker’s plans to send units to the neighboring markets. The corporate has manufactured those units at its India manufacturing unit and has allegedly declared the mistaken fashions and their price. According to a file via Bloomberg, the cargo is value just about $15 million and neither the Ministry of Finance nor Vivo India hasn’t shared any feedback but.
How has the smartphone business reacted?
As according to the file, an business foyer workforce has condemned the federal government authority’s movements. The chairman of India Cellular and Electronics AssociationPankaj Mohindroo, has additionally lately submitted a letter to the tech ministry, the file provides. Mohindroo has discussed that such movements will “diffuse the motivation” for corporations to fabricate and export electronics from India.
India China conflict
Since 2020, India has been completely investigating the Chinese corporations which are running within the nation together with XiaomiZTE, MG Motor and extra.
As the federal government pushes Chinese smartphone corporations to extend exports and construct native provide chains, the blockade of the Vivo telephones can be a setback. India is aiming to export electronics merchandise value $120 billion via the tip of March 2026.
Vivo exported its first batch of India-made smartphones in November to a couple markets together with Thailand and Saudi Arabia. Apart from this, India may be reportedly probing the corporate for alleged cash laundering.
How has the smartphone business reacted?
As according to the file, an business foyer workforce has condemned the federal government authority’s movements. The chairman of India Cellular and Electronics AssociationPankaj Mohindroo, has additionally lately submitted a letter to the tech ministry, the file provides. Mohindroo has discussed that such movements will “diffuse the motivation” for corporations to fabricate and export electronics from India.
India China conflict
Since 2020, India has been completely investigating the Chinese corporations which are running within the nation together with XiaomiZTE, MG Motor and extra.
As the federal government pushes Chinese smartphone corporations to extend exports and construct native provide chains, the blockade of the Vivo telephones can be a setback. India is aiming to export electronics merchandise value $120 billion via the tip of March 2026.
Vivo exported its first batch of India-made smartphones in November to a couple markets together with Thailand and Saudi Arabia. Apart from this, India may be reportedly probing the corporate for alleged cash laundering.
