Rajeev Chandrasekhar, a minister of state for electronics and information technology, said the government has no plans to outlaw low-cost smartphones under Rs 12,000 in price. According to earlier rumors, selling cellphones for less than Rs 12,000 will be prohibited as part of efforts to rein in Chinese corporations. The Union Minister's reaction to this concern.
It's not true what you've heard about a restriction on international brands, particularly Chinese companies. Chandrasekhar noted that India wants to see more progress from homegrown firms. He expressed the expectation that in the upcoming years, more national tech businesses will enter this market.
The government has requested that Chinese mobile phone manufacturers increase their exports from India, according to Chandrasekhar as well. It has been requested that some Chinese brands expand their sourcing of goods from India. The IT minister did, however, make it clear that there are no plans to forbid a specific category from the market.
In the next three to four years, the government plans to produce $30,000 crore (about Rs. 23,90,500 crore) worth of electronics. The present production, however, is about $7600 billion (approximately Rs. 6,05,600 crore).
It's not true what you've heard about a restriction on international brands, particularly Chinese companies. Chandrasekhar noted that India wants to see more progress from homegrown firms. He expressed the expectation that in the upcoming years, more national tech businesses will enter this market.
The government has requested that Chinese mobile phone manufacturers increase their exports from India, according to Chandrasekhar as well. It has been requested that some Chinese brands expand their sourcing of goods from India. The IT minister did, however, make it clear that there are no plans to forbid a specific category from the market.
In the next three to four years, the government plans to produce $30,000 crore (about Rs. 23,90,500 crore) worth of electronics. The present production, however, is about $7600 billion (approximately Rs. 6,05,600 crore).
