Alphabet Inc., the parent company of Google, wants to produce Pixel smartphones in India. According to the news, the company is looking for a supplier for this. According to the news of Livemint, a source said on the condition of anonymity that Google (Alphabet Inc) has partnered with companies including India FIH, the Indian arm of Foxconn Technology Group, along with homegrown brands Lava International Limited and Dixon Technologies India Limited. Had initial talks with.
Negotiations with companies that have acquired PLI scheme
Google will be the latest international technology player to shift production to India. The potential partners that Google is in talks with have told the Prime Minister Narendra Modi Has achieved the so-called Production Linked Financial Incentives (PLI), which has promoted local manufacturing. Apple has taken advantage of the PLI scheme in India to triple its iPhone manufacturing capacity to over $7 billion by March 2023.
Initiative to make India an alternative manufacturing hub
PM ModiPM Modi is pitching India as an alternative manufacturing hub, as most companies are wary of the risks of depending on China following its harsh Covid lockdown and the trade war between Washington and Beijing. Modi has left for America today. There his delegation is expected to hold talks on topics including removal of technical trade barriers between the two countries.
Ashwini Vaishnav met the CEO of Google
Last month, India’s technology minister Ashwini Vaishnav met Google CEO Sundar Pichai at the company’s headquarters in Mountain View, California, for a conversation revolving around Modi’s local manufacturing campaign and India’s state-backed technology push. met up with. Ana Corrales and Maggie Wei were among the key Google executives who visited India this month.
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