India has no plans to restrict sales of foreign smartphone brands priced below $150, officials at India's Information Technology Ministry said on Monday, following reports that India may impose restrictions to Promote the development of domestic mobile phone manufacturers. Asked if there were any plans to restrict sales of devices below 12,000 rupees ($150) to Indian brands, the official told reporters, that there is no such proposal in our department. There is room for Indian brands and it does not exclude foreign countries' suppliers or foreign brands.
Chinese mobile phone companies account for a large portion of entry-level smartphones, which are popular with users in India, the world's second-largest mobile market. This comes after news that India was planning to restrict sales of low-priced Chinese smartphones in a bid to revive the Make in India prospects.
It is understood that since 2020, India has stepped up its scrutiny of Chinese companies, banning more than 200 mobile applications served by Chinese companies. In July, India's Enforcement Agency blocked 119 bank accounts linked to Vivo's Indian operations as part of an investigation into alleged money laundering and raided 48 of Vivo's offices and 23 of its associated entities across the country.
Also in July, the Indian Revenue Intelligence Service accused OPPO of evading tariffs of nearly 43.9 billion rupees (about 3.71 billion yuan) and asked to pay taxes. Both Chinese phone makers have denied the allegation.
0 Comments