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Xiaomi India: Facing the Largest Government Seizure

Lucas Liang Wang, Ruiqi Huang, Chenying Liu, Shiyi Liu, Yujia Sun, Mengyao Wang, Shitong Zhou

商品編號:W37456
出版日期:2024/12/11
再版日期:
商品來源:
商品主題:International Business; Economics & Public Policy
商品類型:Case (Pub Mat)
涵蓋議題:political strategies, political risks, multinational enterprises
難易度:4 - Undergraduate/MBA
內容長度:10 頁
地域:India
產業:Information; Media & Telecommunications
事件年度:2023

Xiaomi India, the subsidiary of Xiaomi Group (Xiaomi)—a world-leading electronics giant from China—had grown explosively since entering the country in 2014. However, in April 2022, the Indian Enforcement Directorate accused it of illegal remittance of profits out of the country and, in response, seized a fund of US$669.95 million in the company’s account. This seizure was record-breaking in Indian history, equivalent to nearly half the annual worldwide profits of Xiaomi. To unfreeze the fund was obviously urgent. More importantly, the company had to formulate effective strategies to navigate an increasingly hostile, foreign context that had been strained by the escalating geopolitical conflicts.

教學手冊:Xiaomi India: Facing the Largest Government Seizure - Teaching Note
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