Xiaomi calls for tax holiday, clarity on export scheme

Chinese phone-maker Xiaomi has called for tax incentives from the Centre and infrastructure support from the State governments to boost electronics manufacturing in the country.

The company also asked the government to impress upon the neighbouring countries to accept BIS (Bureau of Indian Standards) to make it easy for Indian manufacturers to deal with the statutory norms in those countries.

“Vietnam offers a 10-year tax holiday to encourage its local manufacturing industry. We should also have something like that to boost electronics manufacturing and exports,” Muralikrishnan B, Chief Operating Officer of Xiaomi India, has said.