India Wants To Drive Chinese Brands Out Of The Sub Rs 12 000 Bracket Report
India to Ban Sub-Rs 12,000 Chinese Phones? 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. These are the companies that have contributed to the third of India’s sales volume in the sub-Rs 12,000 price bracket in the April-June quarter this year, as per Counterpoint Research....