Chinese and Indian companies have always found it hard to break into each other’s markets. Besides the long-standing political and economic rivalry between the two Asian superpowers, language barriers and cultural differences are also blamed for the minimal corporate interaction.
Smartphone maker Xiaomi is arguably the only Chinese firm that is able to find success in India, having become the country’s largest smartphone seller with its affordable products.
Meanwhile, there has been hardly any Indian company that is able to become a leading player in the Chinese market.
But that may be about to change.
OYO Rooms, commonly known as OYO...
¬ Haymarket Media Limited. All rights reserved.
