Corp.
It coincides with mounting concern about high-volume brands like Realme and Transsion undercutting local manufacturers, they said, asking not to be identified discussing a sensitive matter. Smartphones under 12,000 rupees, or US$150, contributed to a third of India's sales volume for the quarter through June 2022, with Chinese companies accounting for up to 80 per cent of those shipments, according to market tracker Counterpoint.
New Delhi has already subjected Chinese firms operating in the country, such as Xiaomi and rivals Oppo and Vivo, to close scrutiny of their finances, which has led to tax demands and money laundering allegations.and ZTE Corp telecom equipment.
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