Huge profits are being generated by the sales of large, affordable devices in India, which is undoubtedly the world’s second-largest market, and the Indian government understands better than anyone that their region is a good place for them to sell. technology manufacturers. excessive taxes on the importation of these products. But there is another way of not paying so much business tax and that is why we are slowly seeing them all looking to build their own factories in India. It was of course also the Indian government, the arrival of foreign manufacturers and investment in their country. Today it was known that OPPO will also create its own construction unit there.
There are already enough smartphone manufacturers like Apple, Xiaomi, Huawei, VIVO and others who operate their own factories in India and most of them have already benefited greatly, gaining a decent market share. That’s why many Indian companies have lost their share in recent years.
OPPO also officially received the necessary environmental clearance before starting to build its factory and promised the government to actively handle factory-generated waste and create a large number of jobs for local workers for full employment.
Now, the famous OPPO is the second largest in China after Huawei, and if it strengthens its presence in another emerging market like India, it will have the opportunity to enter the top 5 of the largest manufacturers in the world.