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Huawei may set up mobile mfg plant
The China-based Huawei is evaluating ways to start production of mobile phones in India through contract manufacturing in association with Foxconn and is currently studying the business models and tax incentives.
New Delhi : The China-based Huawei is evaluating ways to start production of mobile phones in India through contract manufacturing in association with Foxconn and is currently studying the business models and tax incentives.
A delegation of Huawei, led by its India CEO Jay Chen, met Telecom Minister Ravi Shankar Prasad on Friday and apprised him of its expansion plans. "We had a very elaborate talk and they have said that till now they have invested $2 billion in India in the last 16 years," Prasad said.
"They have a facility in Sriperumbudur.They are selling one million phones in India.If you are selling one million phones, you better start manufacturing here and they have promised me, they will explore the possibility. They are in talks with Foxconn on a contract basis," Prasad said.
