News Snapshot:
Currently, while Chinese handset makers have a share of around 75-76% in the domestic market , they do not export from India . The government has drawn up a three-pronged strategy to create entry barriers for Chinese manufacturers in the below Rs 12,000 mobile phone segment to create room for Indian manufacturers . If the Chinese handset makers do not agree with the set of conditions the government wants them to comply with, handsets priced below Rs 12,000 will be subjected to various Bureau of Indian Standards checks in addition to security and safety verification. This will be quite similar...
