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No plans to ban sale of Chinese smartphones priced below Rs 12,000: MoS IT

The government has asked Chinese mobile companies to increase their exports from India and there is no proposal to ban the sale of phones below 12,000 rupees made by such companies, Union Minister Rajeev Chandrasekhar said on Monday.

The Minister of State for Electronics and IT also said that Indian companies also have a role to play in the country’s electronic ecosystem, but that does not mean the exclusion of foreign brands.

“The only problem 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 the component supply chain, needs to be more transparent and much more open… (About) the other narrative about displacing them from a particular (sub-Rs 12,000) segment of the market, we don’t have some proposal and I’m not sure where it came from,” Chandrasekhar said.

He was responding to a question about a reported government plan to ban Chinese companies from selling mobile phones below Rs 12,000.

Publishing a report prepared by ICRIER in collaboration with industry body ICEA on the increase in domestic value added, the minister said that the government aims to achieve electronic production of USD 300 billion and exports of USD 120 billion by 2025- 26.

Current production is estimated at around USD 76 billion.

“In our scheme of things, there is room for Indian brands. In our electronics supply chain, Indian brands, Indian entrepreneurs also have a role to play.

“This is not about the exclusion of foreign suppliers or foreign brands, but we believe that it is our policy and the obligatory duty of the Indian government to build Indian brands,” the minister said.

He also said that wherever the government feels Indian brands are drifting due to unfair trade practices, “we would like to step in and make sure those issues are resolved.”

Chandrasekhar said that the industry has submitted its report on the requirements to increase domestic value added to be considered for taking appropriate measures.

“The postulate in this report is that we must aggressively export to reach scale, in addition to domestic production, supply and consumption. Exports are very important to gain the scale of other economies that are competing with us. That export will create a devastating effect of creating supply chain investments which, in turn, will increase value added,” he added.

The report suggested various measures to increase exports, including promoting bilateral and regional free trade agreements, making it easier to do business, and reducing the regulatory burden and cost of transportation.

(Only the headline and image in this report may have been modified by Business Standard staff; all other content is auto-generated from a syndicated source.)

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