The Indian government has issued new guidelines for Chinese mobile companies operating in India, including Xiaomi, Oppo, Realme, and Vivo, mandating them to incorporate Indian equity partners in their local operations.
It also calls for the appointment of Indian executives in top roles – such as CEO, COO, CFO and CTO – and increasing local manufacturing through partnerships with Indian businesses.
This move is in line with the government’s plan to increase domestic investment and make India an export and production base, further propelled by the recently approved ₹17,000 crore Production Linked Incentive Scheme for IT hardware.
