Vivo May Sell Stake in Indian Factory to Tata Group, India's Response to Chinese Business Scrutiny

Monday, 17 June 2024, 12:00

In a significant move, Chinese smartphone giant Vivo is in discussions to sell a stake in its Indian factory to Tata Group, reflecting the evolving landscape of Indian-Chinese business relations. This potential deal emerges amidst India's increased scrutiny of Chinese businesses and the government's drive to engage local manufacturers in the operations of foreign smartphone brands. The collaboration between Vivo and Tata Group signifies a strategic pivot towards fostering partnerships within the Indian market, embodying the changing dynamics of business alliances in the region.
South China Morning Post
Vivo May Sell Stake in Indian Factory to Tata Group, India's Response to Chinese Business Scrutiny

Vivo Considers Partnership with Tata Group

In a strategic move, Vivo, the Chinese smartphone giant, is exploring the possibility of selling a stake in its Indian factory to Tata Group.

India's Response to Chinese Business Scrutiny

Amid heightened scrutiny of Chinese businesses in India, Vivo's engagement with Tata signals a shift towards involving local manufacturers in foreign brand operations.

  • The Potential Collaboration: Represents a strategic pivot in business alliances
  • India's Emphasis: On promoting local manufacturer participation in foreign ventures
    1. Future Implications: For Indian-Chinese business relations

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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