The Indian government wants to ban the sale of Chinese phones cheaper than 150 dollars
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It seems that the Indian government is looking for more strictures for Chinese products and in this regard, it wants to cut off the hand of Chinese manufacturers from the market of cheap phones.
according to Bloomberg reportIndia wants to block the sale Chinese phones With Price below $150 be; An action that has the greatest impact on companies like XiaomiRealme and Transsion will have.
High share of cheap Chinese phones in India
According to the Counterpoint report, a third of the Indian market in the second quarter of 2022 was at the disposal of phones cheaper than 150 dollars, and among them, the share of Chinese brands was 80%.
The reason for this possible action of the Indian government is to support domestic production. In fact, India wants to prevent the sale of cheap Chinese phones in the country so that companies like Lava and Micromax can experience higher sales and also gain more market share.
The sales share of these two companies was a little less than 50% before the Chinese companies dominated the Indian budget phone market. According to Counterpoint, Xiaomi, Samsung, Vivo, Realme and Oppo were the top 5 phone sellers in India in the second quarter of 2022. As you can see, Samsung is the only non-Chinese brand among the top sellers.
While the Indian government has yet to confirm this, this latest report comes as Chinese manufacturers such as Xiaomi, Vivo and Oppo are under scrutiny for what the government says are illegal activities. Government of India these companies to money laundering has accused
In addition, in the past, the Indian government blocked hundreds of popular Chinese apps and games in the country. So the Bloomberg report could be true and the government could prevent the sale of such products in India. We have to wait and see how the sales and income of Chinese manufacturers will change if such a decision is implemented.