Chinese companies to outsource manufacturing to local players
Monday, 19 February 2024
Chinese firms have agreed to outsource manufacturing processes to Indian companies like Dixon Technologies and Karbonn, driven by government pressure. This move is seen as a big victory for local players who will also benefit from the production-linked incentive scheme. Apple has also partnered with Indian companies for manufacturing iPhones in India.
Chinese firms have agreed to outsource manufacturing processes to Indian companies like Dixon Technologies and Karbonn, driven by government pressure. This move is seen as a big victory for local players who will also benefit from the production-linked incentive scheme. Apple has also partnered with Indian companies for manufacturing iPhones in India.
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