March 20, 2025 07:18 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Donald Trump will back Volodymyr Zelenskyy get more air defence from Europe: White House | Punjab Police detain farmer leaders in Mohali, cops remove protesters from Shambhu border | Meerut Merchant navy officer murder: Wife convinced boyfriend to commit crime with Snapchat texts posing as his dead mother | 'Welcome back, the Earth missed you': PM Modi to Sunita Williams on her return from Space | India has a PM who can hug both Putin and Zelenskyy and be accepted: Shashi Tharoor lauds Modi's foreign policy | Sunita Williams, Butch Wilmore return to Earth after remaining stuck in space for 286 days | Donald Trump, Vladimir Putin discuss ways to end Ukraine war in a two-hour call | 'The controversial ruler died 300 years ago': Uddhav Thackeray questions row over Aurangzeb's tomb | Maha Kumbh showed unity in diversity: PM Modi in Parliament | Think twice before travelling outside US: Indians with H-1B, F-1 visas, green cards warned by immigration attorneys

Mobile retailers urge govt to revoke Chinese brands’ licenses for anti-competitive practices: Report

| @indiablooms | Oct 01, 2024, at 11:31 pm

New Delhi: The All India Mobile Retailers Association (AIMRA) has called on the Central government to revoke the licenses of Chinese smartphone brands such as iQoo, Poco, and OnePlus, accusing them of anti-competitive practices that hurt local retailers and result in financial losses to the exchequer, media reports said.

AIMRA has sought the intervention of Commerce and Industry Minister Piyush Goyal and Finance Minister Nirmala Sitharaman to address the issue, Moneycontrol reported.

According to Kailash Lakhyani, Founder and Chairman of AIMRA, despite persistent follow-ups and findings by the Competition Commission of India (CCI), these companies continue to operate exclusively with e-commerce platforms like Amazon, bypassing traditional retail outlets.

"The unauthorized diversion of products from e-commerce to retail channels disrupts fund rotation and denies the exchequer the benefit of additional GST revenue," Lakhyani said in an interview with Moneycontrol.

In a letter dated September 27, AIMRA also highlighted that many Chinese companies use online platforms to support grey market activities, undermining local businesses and fair trade in India, the report said.

They pointed out that Vivo’s sub-brand iQoo is primarily sold through online platforms, leaving traditional retailers without access to their products.

The association emphasized the importance of protecting local businesses and creating a level playing field.

They noted that the CCI's recent report accused several Chinese brands and Samsung of collaborating with e-commerce giants like Amazon and Flipkart to launch exclusive product lines, violating competition laws.

AIMRA, in partnership with the Confederation of All India Traders (CAIT), also released a whitepaper suggesting the need for a stronger e-commerce policy framework to close regulatory loopholes, curb tax evasion, and tackle anti-competitive practices.

The paper proposed measures such as eliminating GST input credits for B2C transactions, banning exclusive cashback offers, suspending festival sales to prevent market manipulation, and introducing a luxury tax on high-end products sold online.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
PM Modi on Budget 2024 Jul 23, 2024, at 09:30 pm
Close menu