Caixin
Feb 18, 2022 07:57 PM
TECH

Tax Raids on Huawei Could Signal New Delhi’s Hardening Stance on Chinese Tech

The raids could cast a shadow over U.S.-sanctioned Huawei’s business prospects in the South Asian country. Photo: VCG
The raids could cast a shadow over U.S.-sanctioned Huawei’s business prospects in the South Asian country. Photo: VCG

India’s tax officials have raided offices of telecoms-equipment maker Huawei Technologies Co. Ltd. and met with some of its staff as part of a tax evasion probe, the company confirmed to Caixin, in a move China alleges is part of a broader campaign by New Delhi targeting its firms.

The confirmation comes after several media outlets reported that Indian tax officials conducted searches at Huawei’s premises in New Delhi, neighboring Gurugram and the southern tech hub of Bengaluru, where they looked at the company’s financial documents, account books and materials related to its Indian businesses and overseas transactions.

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