Production limits can be set for Chinese mobile phone makers involved in everything from tax evasion to money laundering. Not only this, China’s phone makers can be banned from making phones from 10 to 12 thousand rupees so that domestic mobile companies can be encouraged. According to sources, China’s mobile phone companies are not adopting a transparent approach in phone manufacturing, due to which the government is losing revenue and domestic phone makers are not able to compete with them.
China captures 80 percent of the smartphone market
According to Counterpoint’s report, more than a third of the smartphones sold in the country are under Rs 12,000, and 80 percent of these are owned by Chinese phone makers. Companies like Lava, and Micromax can benefit a lot due to the ban on Chinese companies in this segment. Before the entry of Chinese mobile phone makers into India, these two companies held the largest share domestically. According to sources, this proposal of the government will not affect the production of Apple and Samsung. Samsung also makes a small number of phones under Rs 12,000.
Whose market share
If we talk about the top-5 smartphone market, except Samsung, then the top-5 position is occupied by Chinese companies. Xiaomi has emerged as the largest smartphone company in India.
Xiaomi – 25.1 percent
Samsung – 17.4 percent
Vivo – 15.6 percent
Realme – 15 percent
Oppo – 11.1 percent
Preparations to crack down on Chinese companies
In the last year, Indian investigative agencies have raided the locations of major companies like Xiaomi, Oppo, Vivo, and Chinese companies making phones in India. The activities of these companies have been found suspicious during the raid, which is being further investigated.