Chinese smartphone brand will crack down! Central government took a big decision – Chinese smartphone brand appoints Indians as chief officer in company says central govt
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If media reports are to be believed, then the central government wants that Chinese smartphone brands want to work in India, then they will have to appoint Indian executives in the companies. If reports are to be believed, the government has held a meeting with brands like Xiaomi, Vivo and Oppo and given instructions to deploy Indians on the posts of Chief Executive Officer, Chief Operating Officer, Chief Finance Officer in the company. Along with this, it has been announced to give the post of Chief Technical Officer to an Indian.
Instructions to make contract employees permanent
Apart from this, the central government has asked the Chinese companies to make permanent the people working on the contract of India. Not only this, it has been announced to partner with companies making parts for making smartphones. The Center has directed the Chinese smartphone brand to follow Indian law along with not evading tax.
Why did the government take this decision
The government believes that due to the posting of Indians in high positions in Chinese companies, they will not be able to steal brand tactics. Along with this, Indian rules can be strictly implemented.
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