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Finance ministry's revenue intelligence unit halted the export of 27,000 Vivo from India


The finance ministry's revenue intelligence unit has halted the export of 27,000 Vivo phones worth $15 million from India.


According to Bloomberg, the finance ministry has accused the Chinese smartphone maker of misrepresenting the device models and their values, and has thus barred the company from shipping devices from India to neighbouring markets. The India Cellular and Electronics Association (ICEA) has characterised the government agency's actions as "unilateral and preposterous." The current conflict between India and Vivo comes after the government increased its scrutiny of 46+ Chinese companies.

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