New Delhi: A Bloomberg report claims that the Indian government is preparing to ban Chinese smartphones priced up to Rs 12,000. India is the second largest market in the world in terms of mobile market. This will be the government’s second digital strike against Chinese companies after banning Chinese apps in 2020. It is being said that the Indian government may ban Chinese mobile companies to promote local companies like Lava and Micromax.
Let us tell you that the market for Chinese smartphones up to 12,000 rupees is very big. Its users are in crores. Smartphones from most Chinese companies are being sold in the market. If in fact the government bans Chinese phones up to 12,000 rupees, many Chinese companies will have to leave India, although you also know that even though these mobile companies are Chinese, phones from Vivo, Techno, Xiaomi, Realme, Oppo and Infinix are available in India. Just getting ready. The phones of all these companies have the Made in India tag. In Hong Kong, Xiaomi shares were down in the last minute of trading on Monday, according to reports. It fell 3.6 percent, down more than 35 percent this year.
According to reports, the Indian government has already placed Chinese companies operating in the country, such as Xiaomi, Oppo, Vivo, etc. under their financial probe, which has led to allegations of tax evasion or money laundering. The government previously used unofficial means to ban Huawei and ZTE telecom equipment. Although there is no official policy banning Chinese networking gear, wireless carriers are still being encouraged to turn to other options.
Xiaomi has the largest share in the Indian market. Simply put, Xiaomi is the number 1 mobile brand in the Rs 20,000 range in India. Xiaomi phones are sold in India under the branding of Mi, Redmi and Poco. There are many good smartphones from Redmi and Poco in the Rs 12,000 range and the sales of these phones are also very high. According to the information, Xiaomi will suffer the most from this decision of the government. In the range of up to Rs 12,000, Realme’s smartphones are no less than Redmi. There are about 5-7 smartphones from Realty in this range which are very popular. After Xiaomi, the number two, reality will suffer the most.
Vivo phones in the Rs 12,000 range are few, but everyone’s house will come under JD if there is a fire. There are only 2-4 phones from Vivo in this range which may get caught by the government’s decision. Oppo’s name is at number four. There are very few Oppo phones in the Rs 12,000 range but 2-4 phones can compete.
Techno’s parent company is also Transsion Holdings. There are many techno phones in the Indian market under Rs 12,000. If the government imposes a ban, technologists will have to make sacks and beds. Itel’s parent company is also Transsion Holdings. That means three brands of phones are sold in India under Transsion Holdings. Itel is the number 1 company in the Rs 7,000 range. Most of its smartphones are entry-level and cost up to 8,000 thousand rupees. Itel will also suffer a huge loss. Motorola is also now a Chinese company. Motorola is now owned by Lenovo. Motorola also has a decent number of phones in the Rs 12,000 range. This government ban will also have a significant impact on Motorola.