Won’t dilute stake in Indian arm: Xiaomi – Times of India

[ad_1] Chinese phone company Xiaomi will not dilute the company’s shareholding in India by inducting an Indian partner through the joint venture route, even as it looks to go deeper with sourcing of components as well as fully-built products such as smartphones and televisions by engaging local companies to support the government’s ‘Make in India’ … Read more

India to lure manufacturers with electronics repair pilot project – Times of India

[ad_1] NEW DELHI: India will start a pilot project this week to establish itself as an electronics repair hub by relaxing cumbersome import-export rules, a move that could draw tech majors such as Flex to expand such operations in the country.Prime Minister Narendra Modi has promoted electronics manufacturing in India and attracted the likes of … Read more