China’s Huawei Evaluating Mobile Phone Manufacturing in India

China’s Huawei Evaluating Mobile Phone Manufacturing in India

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 for the country. “We had a very elaborate talk and they have said that till now they have invested $2 billion (roughly Rs. 13,309 crores) in India in the last 16 years,” Prasad said….

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