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Home Market dynamics

The Indian government clarified that it has no plans to restrict Chinese brands from selling mobile phones priced below $150.

Author: Mash Yang
2022-08-31
in Market dynamics, 手機, Life
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Earlier news indicatedThe Indian government will restrict Chinese brands from selling mobile phones priced below $150 in the country, but Rajeev Chandrasekhar, director of the Ministry of Electronics and Information Technology (MeitY), saidEarlier clarification of this, indicating that there is no such plan.

The Indian government clarified that it has no plans to restrict Chinese brands from selling mobile phones priced below $150.

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According to Rajeev Chandrasekhar's response, he emphasized that local Indian brands have room for development, and that the market will not be restricted for the sake of protecting local brands, nor will it affect the development of foreign supply chains in India.

Prior to this, Bloomberg News cited sources as saying that the Indian government plans to restrict Chinese brands from selling mobile phones priced below 1.2 rupees (approximately US$150, NT$4500) in India to protect the development opportunities of Indian businesses. The Indian government previously seized approximately US$7.25 million in Xiaomi's bank funds, alleging illegal fund transfers. It also subsequently launched investigations into Vivo and ZTE for irregular fund activities. Oppo has also been accused of deliberately evading tariffs, fueling market speculation that the Indian government intends to pressure Chinese mobile phone brands.

In the current development of the Indian mobile phone market, the top five mobile phone brands are all foreign players, and four of them are from China. They are Xiaomi and Samsung, each with a market share of 5%, followed by vivo with a market share of 4%, realme with a market share of 19%, and OPPO with a market share of 17%. Together, they account for 16% of the Indian mobile phone market.

Before these brands entered the Indian market, two local Indian mobile phone brands, Lava and Micromax, held about half of the market share, while the market share of mobile phone products from Samsung and other companies was not high at that time.

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Tags: OppoRealmeliveXiaomiZTEZTE印度Millet
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Mash Yang

Mash Yang

Founder and editor of mashdigi.com, and student of technology journalism.

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