India mulls restricting Chinese phone sales to boost local brands
India mulls restricting Chinese phone sales to boost local brands: Report
10 Aug 2022According to a report by Bloomberg, Indian government is seeking to restrict Chinese smartphone makers from selling devices that are cheaper than ₹12,000. The objective is to push the Chinese giants out of the lower segment of the world's second largest mobile market in India. This comes at a time when there are concerns about brands like Realme and Transsion undercutting local manufacturers.
