The world of Indians and Chinese is changing
Following the military standoff that took place in Ladakh’s Galwan Valley in the year 2020, a strain was seen in the relations between India and China. The effect of this was that India started ousting many Chinese companies. Chinese apps were banned. Not only this, from investments coming from China to visa approvals by officials, they also kept a watch on things. But despite this, the saying ‘Hindi-Chini Bhai-Bhai’ is coming true.
In fact, it is about Indians liking Chinese brands, especially in the case of electronics-related brands, where despite many restrictions, Chinese companies are not only doing business in India. In fact, their sales are so strong that Indian brands cannot compete with them.
Xiaomi, Vivo, Realme and Oppo are selling well
If we talk about Chinese electronics brands, then four Chinese brands – Xiaomi, Realme, Vivo and Oppo dominate the Indian mobile phone market. These are included in the top 5 phone brands in the country and there is only one brand – Samsung, which is from South Korea. According to a report by Counterpoint Research and IDC, the sales of these four Chinese brands are worth Rs 90,000-95,000 crore.
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No more fear of poor quality
Industry experts believe that the reason for the increased demand for Chinese brands is the disappearance of the fear of poor quality associated with Chinese products. Indians are considered to be customers who like good quality and features at low prices. These four Chinese brands have worked to meet this demand of Indian customers. That is why Indian customers eagerly buy their products.
I am Sagar Patel, specializing in business news reporting. With a keen focus on economic trends, market analysis, and corporate developments,
