Chinese companies may have to exit the mobile market below Rs 10,000

While the strategy is being discussed, there is a consensus within the government that the lower end of the market should be reserved for domestic players only.

Government of India | Chinese companies

The government is busy strategizing ways to revive the domestic mobile equipment industry as Chinese firms have grabbed a major chunk of the handset market. The idea is to reduce competition from Chinese mobile players in the entry level or under Rs 10,000 category, according to a senior government official familiar with the plans.

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First published: Tues, 09 August 2022. 06:10 IST

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