Govt has no plans to ban Chinese smartphones under Rs 12,000
Union minister Rajeev Chandrasekhar said that there is no proposal to ban the sale of handsets below Rs 12,000 made by Chinese firms and the government has asked such firms to increase their exports from India.
The minister said the government is looking to reach $300 billion-electronics production and exports of $120 billion by 2025-26. He also said that the government will make sure to resolve wherever there will be crowding out of Indian brands due to unfair trade practices.
Chandrasekhar said, “Only issue that we have raised and done very transparently with some of the Chinese brands is that we have said that our expectation is that they will do more exports. Their supply chain, especially components supply chain, need to be more transparent and much more open... (On) the other narrative about crowding them out from a particular segment (sub-Rs 12,000) of the market, we don't have any proposal and I am not sure where it came from.”
Rajeev Chandrasekhar also said that Indian companies also have a role to play in the country’s electronic ecosystem but it does not mean exclusion of foreign brands. The minister added that the industry has submitted its report on requirements for increasing domestic value addition which will be considered for taking appropriate steps.
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