Chinese firm Infinix evaluating local manufacturing for laptops
Mint Mumbai|December 26, 2023
The government has put in an import management system from 1 November this year
Gulveen Aulakh
Chinese firm Infinix evaluating local manufacturing for laptops

Chinese smartphone maker Infinix is evaluating local manufacturing of laptops in India within a year, for which it was holding discussions with original design manufacturers, a top executive said.

The brand, which is part of the Transsion Group that became a top five smartphone seller globally last month, has been making smartphones in India for the local market since 2019. It ventured into selling laptops in 2021. With a 7-8% share on e-commerce retailer Flipkart, the brand is currently importing all the laptops it sells in the country.

"We’re evaluating going into production of laptops in India, and the other things we can do here. We’re talking to players for local production but the challenge is the ecosystem, which is essential," Anish Kapoor, chief executive officer at Infinix India, said in an interaction.

Esta historia es de la edición December 26, 2023 de Mint Mumbai.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición December 26, 2023 de Mint Mumbai.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE MINT MUMBAIVer todo
Mint Mumbai

Premium the watchword for SBI as Q2 profits surge

Chairman says the bank will compete on quality of service, not on deposit rates

time-read
3 minutos  |
November 09, 2024
India eyes grants, loans for Global South at COP29
Mint Mumbai

India eyes grants, loans for Global South at COP29

India plans to leverage its climate commitments to pitch for grants and concessional loans, instead of investments for the Global South, at the upcoming climate negotiations in Baku, two people aware of the matter said.

time-read
2 minutos  |
November 09, 2024
Tata Steel's Q2 show weighed down by slow Europe revival
Mint Mumbai

Tata Steel's Q2 show weighed down by slow Europe revival

The September quarter (Q2FY25) earnings of Tata Steel Ltd had its share of positives even as European operations remain a drag.

time-read
2 minutos  |
November 09, 2024
Spectre of fall in revenue nixes telecom levy cut
Mint Mumbai

Spectre of fall in revenue nixes telecom levy cut

Indian telecom service providers' hopes to get relief from levies on adjusted gross revenue (AGR) might get dashed on the Union finance ministry's revenue concerns, according to two senior officials close to the discussions.

time-read
3 minutos  |
November 09, 2024
Zomato, Swiggy face CCI heat on antitrust violation
Mint Mumbai

Zomato, Swiggy face CCI heat on antitrust violation

An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition laws, with their business practices favouring select restaurants listed on their platforms, documents show.

time-read
2 minutos  |
November 09, 2024
Trump enters just as the Fed is shifting its focus
Mint Mumbai

Trump enters just as the Fed is shifting its focus

With its second consecutive interest-rate cut this year, the Federal Reserve is attempting to boost the odds of a soft landing.

time-read
4 minutos  |
November 09, 2024
Regulator gets staff to enforce drug quality
Mint Mumbai

Regulator gets staff to enforce drug quality

The govt is planning to fill 250 new positions to strengthen enforcement

time-read
2 minutos  |
November 09, 2024
Mint Mumbai

Govt unveils scheme for meditech industry

The government on Friday launched a scheme aimed at strengthening the medical devices industry with an initial outlay of ₹500 crore for three years 2024-2025 to 2026-27.

time-read
1 min  |
November 09, 2024
Mint Mumbai

RATAN TATA MADE INDIA A BETTER, KINDER PLACE

Shri Ratan Tata's support for the Swachh Bharat Mission was close to my heart

time-read
3 minutos  |
November 09, 2024
Ministry cancels allocation of coal block to JSW Steel
Mint Mumbai

Ministry cancels allocation of coal block to JSW Steel

The Union coal ministry has annulled the allocation of the Banai-Bhalumunda coal block in Chhattisgarh to Sajjan Jindal-led JSW Steel over the non-payment of a performance bank guarantee worth about ₹1,000 crore.

time-read
1 min  |
November 09, 2024