In response to the rumor that “India prohibits Chinese brands from selling mobile phones below 12,000 rupees (about RMB 1039)”, Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology of India, responded that the Indian government has not given the above instructions.
According to the “Times of India” report on August 30, Chandrasekhar said in an interview that the Indian government hopes that the component supply chain of Chinese mobile phone companies will be “more transparent and more open”, and more exports. “We don’t have any indication (about) the talk of squeezing them out of a particular segment (under Rs 12,000), I don’t know where it came from,” he said.
He also stressed that local Indian companies can play a role in supply chains and markets, but that does not mean that foreign brands are excluded.
Earlier, India’s Mint newspaper quoted a senior Indian government official as saying that the Indian government has no plans to restrict Chinese mobile phone brands from selling low-end smartphones in the Indian market.
According to market researcher Counterpoint’s quarterly data to the end of June, Chinese companies accounted for 63 percent of India’s smartphone market, with Xiaomi, Realme, Oppo and vivo occupying four of the top five. Chinese companies have a 75-80% share of the sub-$150 segment and 31% of the overall smartphone market. Most Chinese companies manufacture in India, and the supply to the market is largely met by local production.
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