Oppo, Vivo, Realme To Have Indian CEO, CTO? Big Rule Change For Chinese Mobile Phone Companies

Oppo, Vivo, Realme To Have Indian CEO, CTO? Big Rule Change For Chinese Mobile Phone Companies
© by DNA

The Center has issued major rule changes for Chinese mobile phone manufacturers and phones like Xiaomi, Oppo, Vivo and Realme, which are very popular in India at very affordable prices. However, these companies are required to operate according to Indian regulations.

Under new guidelines issued by China's Mobile Phone Enterprise Center, they must involve Indian partners in their local operations if they want to continue manufacturing in India, according to a report in the Economic Times.

Apart from this, Chinese companies like Xiaomi, Vivo, Oppo, Realme etc. are filling Indian jobs in their companies like CEO (CEO), Chief Financial Officer (CFO), Technical Director (CTO) etc. Dr... ., based on reports.

The Economic Times also reported that the center has asked Chinese mobile phone companies to set up joint ventures with Indian companies to increase local manufacturing and also appoint contract manufacturers in India, as some of these companies have Chinese distributors.

According to the Economic Times, the executives said they have also ordered Chinese companies to abide by the law and not evade taxes in India. These new rules and challenges were announced to companies like Oppo, Vivo, Realme and Xiaomi by the Ministry of Electronics and Information Technology.

These companies have also been strongly warned against tax evasion and to comply with all Indian laws and regulations. With this new arrangement, the center aims to make India a major export and manufacturing base and tap local talent and businesses.

While Oppo and Vivo have not officially commented on the matter, Xiaomi says that all local leadership positions in the Chinese community are currently held by Indians, and the company is one of the early adopters of Make In India.

Read | The Government of India has issued a warning to Android smartphone users from Samsung Galaxy, Oppo, Vivo, Xiaomi and other high-risk users.

Builders and Brands, Gagan Arora, IIT Roorkee

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