Huawei to set up manufacturing unit in India

NEW DELHI, Oct 20 (Xinhua): Chinese telecom giant Huawei plans to begin manufacturing mobile phones in India by next year, Indian media quoted the company's Global Vice-President Jim Xu as saying on Friday.

Huawei already has a presence in India through its sub-brand "Honor" which is sold through online channels.

The company's plans for local manufacturing is mainly driven by the fact that India levies 20 per cent duty on imported devices.

Xu also reportedly said that his company is also working on plans to open 1,000 company-branded stores across India in the next 2-3 years, in a bid to have a share in India's lucrative market.

"We look at India strategically and now intend to grow our presence through launch of devices in the mid-and-premium-end of the market. Yes, definitely we plan to go for local manufacturing.