There is a huge demand for Chinese smartphone companies in India. Especially brands like OnePlus, iQOO and POCO are very trendy at this time. During Flipkart's festival sale, the demand for these smartphones has increased even more because their prices are getting huge discounts. But meanwhile, traders' organizations 'Confederation of All India Traders' (CAIT) and All India Mobile Retailers Association (AIMRA) have started protesting against these Chinese companies.
Why is there protest?
AIMRA has made serious allegations against Chinese mobile companies. They have demanded to stop the operations of brands like OnePlus, iQOO and POCO. The organization alleges that these companies have violated the rules and this is promoting the grey market of mobiles. Along with this, these companies are giving huge discounts in collaboration with e-commerce platforms, which is harming the Indian mobile market.
Beneficial for customers, but loss to merchants
Smartphones like OnePlus, iQOO and POCO are very popular in India, especially when their prices are reduced a lot during festival sales. During this time, customers are able to buy these smartphones easily. Apart from this, these companies also offer different offers for their customers. But AIMRA says that Indian mobile traders are suffering losses due to these huge discounts and offers.
Allegations of loss to the public exchequer
The organization also alleges that the government treasury is also suffering losses due to these companies. They claim that these companies are paying less tax because by reducing the prices of smartphones, the amount of tax also decreases. However, so far there has been no official statement on this matter from OnePlus, iQOO, POCO or any other Chinese company.
Banks are also accused
AIMRA has also alleged that many banks are also involved in this process, which are providing smartphones to customers at cheap prices. The organization has demanded to stop this immediately. At present, no action has been taken on this issue and now everyone's eyes are on the stance of the government and the concerned companies.
What will happen next?
After this protest, it will be interesting to see what response comes from these Chinese smartphone companies and the government. At the same time, these brands still remain a center of attraction for customers, especially when it comes to huge discounts and offers. Now it remains to be seen what is the outcome of this controversy and whether the operations of these brands will really be affected or not.
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