How Will the Indian Phone Market Impact If the Government Bans Cheap Chinese Smartphones under sub-12K?

How Will the Indian Phone Market Impact If the Government Bans Cheap Chinese Smartphones under sub-12K?

The government of India is now looking forward to wipe out the selling of cheap Chinese smartphone brands in India in order to perk up the domestic smartphone brands such as Micromax, Karbonn, Lava, and others in the country under the tag of ‘Make in India’ and ‘Atmanirbhar Bharat’. According to several media reports, sources from the ministry, and an exclusive report of Bloomberg highlighted that the nation “seeks to restrict Chinese smartphone makers from selling devices cheaper than Rs 12,000 ($150) to kick-start its faltering domestic industry”.

Nijhum Rudra Thu, 08/25/2022 - 17:12

[original story: Circuit Digest]

Circuit Digest 25 Aug 12:42