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PMO panel seeks multinational companies' inputs on making India electronics hub
However, Chinese companies such as Xiaomi, Oppo, Vivo and Huawei, which have captured over half of India’s smartphone market, were not part of the export panel meeting.
However, Chinese companies such as Xiaomi, Oppo, Vivo and Huawei, which have captured over half of India’s smartphone market, were not part of the export panel meeting.
NEW DELHI: A high-level panel set up by the Prime Minister’s Office has sought inputs from over a dozen global companies, including Apple, Samsung and Intel, on what they need to make to make India their production base and an electronics export hub, underlining New Delhi’s aggressive push to attract foreign investment by wooing manufacturers away from China.
“The panel met with Taiwanese, Korean, American and European companies last week and is now working out a report on how to ease our domestic policies and wean these companies away to India as soon as possible,” a person briefed on the meeting told ET. Chinese companies were not a part of the meeting.