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OnePlus India rejects reports of shutting down operations, CEO says situation is normal

by Pratik Tripathi
January 21, 2026
in Technology
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OnePlus India rejects reports of shutting down operations, CEO says situation is normal
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New Delhi, January 21 (IANS). OnePlus India on Wednesday rejected all the reports claiming that the company is going to shut down its operations in India.

With this the company said that its operations remain normal.

“I want to clarify some of the misinformation spreading about OnePlus India and its operations. We are operating as normal and will continue to do so,” OnePlus CEO Robin Liu said in a post on social media platform X.

Liu further said, “Recent unconfirmed reports about OnePlus’ closure are false. OnePlus India continues to operate as normal. We urge all parties to verify information from official sources before sharing unfounded claims.”

The clarification from the company has come at a time when smartphone manufacturers in India have to undergo stringent security checks and the competition in the market is much greater than before.

OnePlus was founded as an independent brand in 2013. The company has very close relations with Oppo, as both companies are part of the BBK Electronics Group and both companies have similar investors and supply chains.

OnePlus operates in the mid-premium segment of the Indian smartphone market, which grew 10.7 percent year-on-year in Q3 2025 and market share increased from 3 percent to 4 percent. In this, Samsung is at the top position, followed by Oppo and OnePlus.

According to International Data Corporation (IDC) data, the smartphone market in India was at a five-year high in the third quarter of 2025, registering a growth of 4.3 percent year-on-year to reach 48 million units.

Overseas shipments of smartphones from India stood at approximately $79.03 billion from 2021 to 2025, with 2025 accounting for the highest share. Apple’s iPhones accounted for nearly 75 percent of total shipments during this period, valued at more than $22 billion.

Union Minister Ashwini Vaishnav recently said that India’s electronics exports are expected to increase further due to the boost in semiconductor production.

India has now become the world’s second largest mobile phone producer, with more than 99 per cent of phones sold domestically being ‘Made in India’, increasing its importance in the manufacturing value chain.

The smartphone PLI scheme is set to end in March 2026, although the government is reportedly considering options to extend the support.

–IANS

abs/

Tags: BusinessIANSScience Technology

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