Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizens Dog to eight wasteland, Xiao Zhan cut, rain and snow on the way, West window old clues delivery! CTOnews.com, June 14, according to a report in the Economic Times of India on June 13, the Indian government once again demanded to Chinese mobile phone brands, including Xiaomi, OPPO, vivo, realme, etc., that Chinese mobile phone brands operating in India should appoint Indian nationals to senior positions such as chief executive, chief operating officer, chief financial officer and chief technology officer.

▲ Tu Yuan Xiaomi India also reported that the Indian government also requested that Chinese mobile phone manufacturers entrust manufacturing contracts to Indian companies and allow local companies to participate in the mobile phone manufacturing process and export through local dealers in India. In addition, at a recent meeting held by the Ministry of Electronics and Information Technology, government officials have discussed the above issues with Xiaomi, OPPO, vivo, realme and other manufacturers.

CTOnews.com notes that many Chinese mobile phone manufacturers operating in India have appointed Indian executives, such as realme's Indian chief executive, as an Indian Madhav Sheth. In order to better tap the local market, other mobile phone manufacturers have already recruited some employees in India. According to the ABP News Network, Xiaomi India has taken steps in recent years to form a core team in India by investing in local talent and training local managers, managers, partners and distributors.

On June 13, the Indian Law Enforcement Agency (ED) issued a document saying that it had issued a formal notice to Xiaomi India, relevant executives of the company and three banks, stating its illegal remittance of 55.51 billion rupees (about 4.8 billion yuan). People related to Xiaomi responded to the Daily Business News that the response to the matter was the same as before: Xiaomi adhered to legal compliance around the world and complied with the relevant laws and regulations of the camp.

In addition, the top three market shares in the Indian smartphone market in the first quarter of 2023 were Samsung (20 per cent), vivo (18 per cent) and Xiaomi (17 per cent), while Chinese mobile phone brands accounted for about 50 per cent of the local market, according to research firm TechInsights.

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