Chinese contract manufacturers like DBG and BYD are expanding their presence in India, gaining market share despite lower margins. This rise in order volumes from Chinese smartphone brands is impacting local players like Dixon, though Indian EMS providers still hold a dominant position due to govt support and established relationships.
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/mobiles/chinese-phone-makers-expand-india-operations-despite-thin-margins/124752320
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/mobiles/chinese-phone-makers-expand-india-operations-despite-thin-margins/124752320