Strong points
Chinese smartphone makers could be banned from selling devices priced below Rs 12,000.
Xiaomi Corp will take the biggest hit from this decision, as it is the number 1 company in the sale of budget smartphones.
Its aim is to exclude Chinese companies from the bottom segment of the world’s second-largest mobile phone market.
New Delhi. Chinese apps have already been banned in India, now preparations have been made to hit Chinese smartphone companies as well. According to a Bloomberg report, India may ban Chinese smartphone makers from selling devices priced below Rs 12,000 ($150) in a bid to revive its ailing domestic industry. Xiaomi Corp will take the biggest hit from this decision, as it is the number 1 company…