India is apparently considering making it illegal for Chinese companies to sell smartphones for less than INR 12,000, which may be a significant blow for Chinese smartphone producers. Bloomberg claims that the action aims to kickstart the domestic smartphone market and force Chinese companies out of the country’s lowest smartphone business. The decision was made in response to rising worries that national manufacturers are being undercut by high-volume companies like Realme and Transsion. It is unknown whether the Centre will announce specific policies or advise Chinese players of its position through unofficial methods.
India is looking to oust Chinese smartphone players from the sub-INR 12,000 market
