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https://i-invdn-com.investing.com/trkd-images/LYNXMPEI7S0IX_L.jpgRajeev Chandrasekhar’s comments followed reports that India was planning to restrict sales of cheap Chinese smartphones to revive the prospects of Indian-build competitors.
Asked if there was any plan to limit the sale of devices below 12,000 rupees ($150) to Indian brands, Chandrasekhar told reporters: “There is no such proposal in our ministry.”
“There is a space for Indian brands … it is not to the exclusion of foreign suppliers or foreign brands,” he said.