Chinese companies may have to exit sub-Rs 10,000 mobile market

The government is busy strategising ways to revive the domestic mobile device industry as Chinese firms have grabbed a large chunk of the handset market. The idea is to minimise competition from Chinese mobile players in the entry level or sub-Rs 10,000 category, according to a senior government official familiar with the plans.

While discussions on the strategy are on, there’s a growing consensus within the government that the lower end of the market should be reserved only for the domestic players, the official said. This is part of the plan to create “Indian champions”—a key objective in the production-linked