According to Hong Kong-based Counterpoint Research, Chinese smartphone brands captured 72 per cent of the market in 2019 compared to 60 per cent a year ago. Led by Xiaomi and BBK Group, the Chinese brands have invested heavily in manufacturing devices and accessories in India. The Chinese brands are continuously committing resources and investments in all these key areas. "Indian brands can surely look at the feature phone segment, where almost all major China-based brands have chosen to stay away from (expect Shenzhen-based Transsion Group which is the leader). As the Indian government firms up its EV plans, Chinese companies have already set their eyes on the EV sector roadmap in the country.

Source: Mint January 26, 2020 13:18 UTC