The manufacturing unit in India of Vivo Communications Technology Co.’s smartphones is kept on hold in the New Delhi airport by the Revenue Intelligence Unit of India. Due to the hidden conundrum and to put an end to these unfair practices, the Vivo Company has not accurately defined the models of smartphones with their specifications in detail for the top bureaucrats, even after receiving an email from the Chairman of the India Cellular and Electronics Association, Pankaj Mohindroo.
Out of 27,000 devices, Vivo’s smartphones are worth $15 million; those are on hold at the Delhi airport, as informed by several individuals. To make the information crisp and clear, Vivo Company, exported its first batch of Indian-made smartphones in the month of November to the Saudi Arabian and Thai markets.
According to the reports, every year, Vivo Company used to send remittances worth 62,476 crores to China in order to avoid paying taxes to the Indian government. The respective department is stringently working on the same and will take the required measures against those who are against the law of the Indian Government.
The border conflicts between India and China in the Himalayan region have taken a significant turn, with claims of unforeseen acts pertaining to the concern in the summer of 2020. Chinese players with similar other companies operating in India, such as SAIC Motor Corp., MG Motor India Pvt. Ltd., and the local units of Xiaomi Corp. and ZTE Corp., may threaten to target the export of electronic products worth $120 billion by the end of March 2026.