More than 100 manufacturing comapnies from China have arrived to India to estimate the market conditions in an attempt to support and gain something from Narendra Modi's Make in India initiative. These Chinese manufacturers belongs to handset and component companies.
Mr. Wu, Founder and CEO of Mobile World (Shoujibao), Shenzhen said that the primary priority of this visit of the manufactirers is to understand the present situation and foreign investment conditions in Indian Market. In an interview with IANS, Wu told that these manufacturing companies want to invest in India and take part in Make in India campaign.
He also said that many companies are showing interest in Indian market after Indian Prime Minister, Narendra Modi's visit to China in last year. They are fascinated to his talks and goals of Make in India initiatives.
China-India Mobile phone and Component Manufacturing Summit will be held on January 13 at hotel Pullman, Aerocity, New Delhi which is aimed at establishment of robust Mobile Manufacturing Eco-System in India. This event is organized by The Indian Cellular Association (ICA) in association with Shoujibao (Mobile World).
Pankaj Mohindroo, National President, Indian Cellular Association (ICA) said that, China is a global leader in mobile phones and components manufacturing and this event which is organized in association with Chinese manufacturing companies will help India to establish to become global manufacturing hub for mobile phones and components in near future.
Major Chinese manufacturing companies such as Gionee, Nuwei, Huawei, Sprocomm, Transsion, Huiye, Sinwoo, Nubia, Meizu, Vikin, HuaLong, Ramos, Mafe, Miki, Wind-Mobi, Poxiao, Camera King, Coolpad, Wingtech, Galaxy Core, Holitech, ZTE and Vivo are expected to attend this summit in New Delhi.
Along with these Chinese top players, Indian manufacturing companies such as Vodafone, Karbonn, Micromax, Lava, Spice and Intex are also expected to attend this event.
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