India returns to greed: forced takeover of vivo stake

India, the self-proclaimed "world's largest democracy", has in recent years shown itself to be greedy and rogue in cross-border trade. In particular, the attitude towards Chinese enterprises can be described as "eating ugly".

According to the Indian authoritative media "New Delhi Daily" reported that the Indian government recently required vivo India to sell its 51% stake to India's Tata Group. The government's aim is to allow Indian companies to dominate the market and improve the technological level of the Indian electronics industry. However, this requirement is undoubtedly an unreasonable deprivation of Chinese enterprises and a serious violation of their legitimate rights and interests.

This move by the Indian government is undoubtedly a blatant "robbery". They rely on their status as local snakes in India to carry out unbridled suppression and plunder of Chinese enterprises.

You know, vivo has a very high market share in India and is loved by local consumers. However, the Indian government forced vivo to sell shares to Indian companies under the pretext of so-called "national security" and "industrial security". This kind of banditry, it's just jaw-dropping.

What is even more infuriating is that the Indian media actually applauded the government's action. They claim that it is "following our rules" and seem to think that as long as it is Indian territory, Indians have to rule. This absurd logic is a blatant violation of international trade rules.

Of course, Chinese enterprises will not sit idly by the unreasonable demands of the Indian government. They firmly refused to sell their shares and said they would take all necessary measures to safeguard their legitimate rights and interests. However, the Indian government refused to stop and continued to force vivo to give in through various means. Such rogue behaviour is reminiscent of the old saying: "India makes money, India spends money, and India wants to take it home."

In fact, this is not the first time that India has targeted Chinese companies. In the past few years, India's suppression and plunder of Chinese enterprises has never stopped. From Xiaomi, OPPO to vivo, these enterprises that thrive in the Chinese market have frequently encountered "Waterloo" in India. For various reasons, the Indian government froze their assets, detained their executives, and even forced them to hand over core technologies. Such brazen predatory behavior has made Chinese companies feel cold.

However, in the face of India's rogue behavior, Chinese companies will not easily give in. They are actively looking for ways to respond, including strengthening local operations in India, improving brand image and product quality. At the same time, they are also seeking support and help from the international community to safeguard their legitimate rights and interests.

For India, such short-sighted behavior will only deprive them of more opportunities and partners. In today's global economic integration, no country can exist and develop in isolation. If India wants to play a more important role on the international stage, it must abandon such greedy and rogue behavior and respect the rules of international trade and the legitimate rights and interests of foreign companies.

In short, the acquisition of 51% of vivo India by Tata Group of India has once again exposed the greed and roguishness of India in the business environment. In the face of this situation, Chinese enterprises need to maintain a clear head and a firm position, actively respond to and seek solutions. At the same time, we also hope that the international community can pay attention to and condemn such acts and maintain a fair and just international commercial order.