Chinese companies to outsource manufacturing to local players

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.

Feb 19, 2024 - 23:00
Chinese companies to outsource manufacturing to local players
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.