November 30, 2020

Manufacturing push: Motorola Mobility in talks to make $1 billion telephones in India



Homebred smartphone maker Lava and listed contract producer Dixon have each utilized for the federal government’s production-linked incentive (PLI) scheme.

Synopsis

In India’s smartphone market, Lenovo and Motorola collectively have a lower than 1% share, which has shrunk lately because of the onslaught of Chinese language rivals corresponding to Xiaomi, Vivo and Oppo.

New Delhi: Motorola Mobility is in discussions with Indian machine makers Lava Worldwide and Dixon Applied sciences to fabricate as much as $1 billion (Rs 7,400 crore) price of cellphones, as the corporate seeks to shift a portion of its capability out of China, folks acquainted with the matter mentioned.In the event that they signal the contracts, the Lenovo unit would grow to be the primary Chinese language-owned smartphone maker to make use of Indian firms to fabricate merchandise domestically.

  • GIFT ARTICLE
  • FONT SIZE
  • SAVE
  • COMMENT

To Learn the Full Story, Develop into an ET Prime Member

Sign up to learn the complete article

You’ve bought this Prime Story as a Free Reward

Entry the unique Financial Instances tales, Editorial and Knowledgeable opinion

Already a Member?

Why ?

  • Sharp Perception-rich, Indepth tales throughout 20+ sectors

  • Entry the unique Financial Instances tales, Editorial and Knowledgeable opinion

  • Clear expertise with
    Minimal Advertisements

  • Remark & Interact with ET Prime group

  • Unique invitations to Digital Occasions with Business Leaders

  • A trusted staff of Journalists & Analysts who can greatest filter sign from noise