India might be planning yet another strike on Chinese brands and this time, it may stop the popular Chinese phone makers from selling smartphones under Rs 12,000, which can be safely considered a popular choice for many in the country. Here are all the details.
A report by Bloomberg suggests that the reason for this is to give a push to the Indian smartphone brands. It would be safe to say that their stand in the market has only weakened in the previous years. This step will affect companies like Xiaomi, Realme, and even Transsion Holdings.
Following this, India urged people to go for Indian brands and promote its “Atmanirbhar Bharat” initiative. Recently, brands like Vivo and Oppo have also come under the scrutiny of the Indian Government for tax evasion.
