After reaching a high point in 2015, with 10 major handset brands from China setting their feet on the Indian soil, the number of new entrants has started to come down. While in 2017, seven new Chinese companies have entered the local market, in 2018 the number is expected to go down further.
As growing competition in the local mobile handsets market weeds out a few players with potential to capture significant share, it is sending a warning to Chinese firms. Once a dream destination for Chinese handset vendors, the market in India is now turning less attractive for many