Recently, there were reports that the Indian consortium Tata will build a large one in the Indian state of Tamil NaduiphoneOEMThe plant is planned to be built in a year and a half and will recruit 50,000 workers. This means that Tata will be withFoxconnDirect competition, strive to getApplesofOEMOrders. Currently,FoxconnThe size of the workforce in India is 350,000 people, Tata's plan means it hopes to exceed within 2 yearsFoxconnof the scale. However, this competition may not be just competition in the market, with Indian consortia always resorting to special tactics when dealing with foreign competitors, such as hollowing out and imposing fines on businesses such as Amazon and Walmart. FoxconnIn India, there have been anomalies such as fires and canteen problems, and these are all rightFoxconnThe operation of the company has brought a certain amount of trouble. Therefore,FoxconnThere are other unforeseen factors to take into account when facing competition from Tata.
Volatile foreign investment environment: India is known as the "graveyard of foreign investment", and although many foreign companies have entered the Indian market, India** often takes an unpredictable attitude when dealing with foreign companies. After Vodafone acquired India Telecom, India issued a multibillion-dollar fine, but the fine was eventually withdrawn, and the incident made India becomeInternationalJoke. Not so long ago, Amazon and Walmart were also fined hefty by an Indian consortium for allegedly violating the rules. India has also frequently taken action against Chinese mobile phone companies, not only imposing huge fines, but also confiscating 4.8 billion yuan of a Chinese mobile phone company in IndiaBank deposits
Bullying behavior: Indian conglomerates are close to Indian parliamentarians, and through their special influence, they can take some special measures against their rivals. For example, Tata forced Wistron to pull out through its acquisitionOEMmarket, resulting in Wistron only gainedApples1% on orders. This incident has aroused the attention of the industry, rightFoxconn, they will face similar challenges.
Difficult to replicate the success of Chinese mainland:Foxconn, Wistron and other enterprises have a huge scale of workers in Chinese mainland, and once achieved great success. However, in India, these businesses have encountered many difficulties, including issues such as fires, labor disputes, etc. This shows that the problems and challenges faced by companies will be different in different countries.
Competitive Approach of Indian Consortiums: Indian Consortiums have always treated their competitors with their special means, which is a pairFoxconnThis is indeed a question to be wary of. FoxconnIt needs to be dealt with cautiously, and not only attentionMarket competitionand be on the lookout for potential unconventional means.
In the face of competition from Indian conglomerates,FoxconnIt needs to strengthen its competitiveness, improve product quality and service efficiency, and at the same time pay more attention to the laws and regulations of the Indian market to avoid falling into possible disputes and fines. Only then,Foxconntalent in the intenseMarket competitionto maintain a leading position and achieve long-term sustainable development.