News > India Seeks To Ban Chinese Phones Cheaper Than ₹ 12,000

India Seeks To Ban Chinese Phones Cheaper Than ₹ 12,000

India seeks to restrict Chinese smartphone makers from selling devices cheaper than 12,000 rupees ($150) to kickstart its faltering domestic industry, dealing a blow to brands including Xiaomi Corp.

The move is aimed at pushing Chinese giants out of the lower segment of the world's second-biggest mobile market, according to people familiar with the matter.