Battered by competition, Intex plans to make products for Chinese firms - Business News, Finance News, Share Market News - Market trendz

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Monday, 9 December 2019

Battered by competition, Intex plans to make products for Chinese firms

Intex promoter and director Keshav Bansal said in the light of tariff war between the US and China, few Chinese cos are in final talks with Intex for manufacturing and export of products to USA from India. This, he expects, will be one of the key strategy to revive the company. Intex has been badly hit by Chinese brigade of Xiaomi, Oppo, Vivo, Intel and Realme.

from Tech-Economic Times
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