Uttar Pradesh government ‘puts off’ process of giving special incentives to 4 Chinese companiesFour Chinese companies — mobile phone maker Vivo, appliances maker Haier, component maker Holitech and battery maker Sunwoda — have all ann...
Govt may defer levying import duty on display assembly for a yearOfficial sources say the ministry of electronics and information technology (MeitY) is believed to have proposed the deferral and the matte...
Xiaomi, MAIT want MEIS export sops backThe Manufacturers’ Association of Information Technology (MAIT), apex body of electronic product makers, has urged the government to restor...
Budget 2019: India to ease local sourcing norms for single brand retail, Apple benefitsIndia’s plans to ease local sourcing rules in single brand retail are set to help Apple the most among other cos.
Xiaomi lauds easing of local sourcing rules, says it already exceeds local sourcing needs“It is a good move by the government to promote more investments," a Xiaomi spokesperson said, adding that the company’s Mi TVs and power b...
Xiaomi partner sets up plant in Greater Noida, to Invest $200 mnHolitech, which provides components to the world’s top companies, excluding Apple, had previously announced an agreement with the Andhra Pr...
Xiaomi to invite more component suppliers to invest in IndiaAlready, one of the component suppliers Holitech Technology has signed an MoU with Andhra Pradesh government for starting manufacturing fac...
Xiaomi in talks with two more partners to set up plants in IndiaLocal sourcing of components will help the handset maker reduce prices of its products in India, besides reducing the go-to-market time.
Smartphones emerge as bright spot for Indian manufacturingA few small players in India's booming communications scene are now flag bearers of Modi's dream project.
Oppo in talks with gear makers to set up production units in IndiaHolitech, which provides components to the world's top five brands, excluding Apple, will set up a plant in Andhra Pradesh to locally produ...
Holitech plans $200 million plant in Andhra Pradesh to make components for XiaomiXiaomi is locked in an intense battle with South Korea’s Samsung for the top slot in the highly competitive and price sensitive Indian mark...
Holitech plans to invest $1 billion in India by 2017“We are looking at the supply chain here and how mature it is,” said Bingshuang Chen, chief executive of Holitech Technology.
Indian mobile industry expects Chinese companies to invest $2-3 billionHolitech plans to set up a manufacturing facility in India over the next three to five years, for which it is willing to put in 20% equity.
Chinese firms could invest $2-3 billion over next 2 years in Indian mobile manufacturing: ICAThe government, through its mega Make in India program, aims to fuel domestic manufacturing in the country cutting imports to net zero by 2...
Make in India: Chinese handset ecosystem players seek ease of doing business in IndiaChina-based touch panel and component manufacturing company Holitech is also planning its India foray and is currently evaluating market co...
Make in India: Over 80 Chinese handset ecosystem players to look at manufacturing options in IndiaHandset makers from China are heading to India, which is set to overtake the US as the second largest smartphone market by 2017.