Lithium Companies Come Into The Indian Market

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Shenzhen cell phone business "Baotuan sea" have a new action. Mobile Communications Association, Shenzhen, Tang Ruijin Secretary-General told reporters yesterday, the domestic lithium battery company has taken steps to expand the Indian market. March of this year, Shenzhen and domestic cell phone companies will go to lithium phone brand in India with local distributors for docking negotiations.

Lithium companies eager to go out

Mobile Communications Association, Shenzhen, said the Secretary-General Tang Ruijin, now deep in the Indian enterprises are interested in the construction of lithium batteries assembly line and to open up cell phone battery industry park.

It is reported that the domestic lithium enterprises, RMB appreciation, rising raw material costs and labor costs and other factors, coerced, under the difficulties encountered competition in the market. President of the Union of South China Lithium Industrial Gao Ping has said that "the domestic lithium enterprises had a lot of market share in the low-end phones, but with the gradual rise of smart phones, this round of development trend, the cell phone manufacturers can not come up with solutions."

A company official said lithium, the first two years the average annual profits of many companies to the growth rate by more than two, but the profit growth in 2010 has decreased significantly. In this case, how to open up some businesses in emerging markets has become a consideration. "China's exports to India from the battery, the price of similar products in India is only 1 / 3, while life expectancy is similar with the Indian products, very competitive." An industry source.

At the same time, the Indian mobile industry growing rapidly in recent years. Data show that the Indian cell phone market in 2010 180 million, of which China exported 100 million cell phones in India. India has a population approaching 1.2 billion, 500 million mobile stock users, and an annual growth rate of 20%, especially in rural India are high growth market, with comparable with China has a huge potential consumer market, consumer electronics and related to the upstream industry of major international markets. Therefore, the "how to get the market in India, was recognized by the Indian market for high-end brands, mainstream brands, many cell phone related businesses in Shenzhen in the next 5 years need to focus thinking and planning of the event." Tang Ruijin, told reporters that India's vast emerging market, is increasingly significant as the domestic lithium industry in Shenzhen and the new direction of expanding the market. (wholesale cell phone accessory market)

Related to mandatory certification requirements to be considered

March of this year, Shenzhen and domestic lithium industry experts representing companies and will go to New Delhi to attend the first session of the Forum on China-India lithium technology, the layout of the overseas market for Chinese enterprises to show the way, to attract international buyers and feel the pulse of India's lithium industry. "By then, the Indian Association for the cell phone more than 100 carefully selected the most powerful, need to buy the Indian telecom operators, handset distributors of branded channels docking with the Chinese side." Tang Ruijin Jinjie Shao said that this marks the upstream industry, cell phone enterprises have begun to try to "Baotuan sea" model. Insiders pointed out that although the growth rate of the cell phone accessories market in India last year, the first time exceeded 100%, but India has a per capita rate is still at a low level of telephone, cell phone manufacture and export of Shenzhen as a big city, relatively complete industrial chain, part of the upstream firm through large-scale low-cost strategy in India, the world's second largest cell phone consumer can make a difference.

Analysys International's cell phone industry analyst Lu Li-bin that domestic cell phone manufacturers in the low-end cell phone manufacturers has clear advantages in expanding into India, the cell phone accessories manufacturers will have to be made on the understanding of local market conditions, such as cell phones in India lithium battery, chargers are need mandatory certification requirements and so on.from: Wholesale cell phone covers


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