Even though the mobile PLI scheme was aimed at encouraging local players to become global exporters, Chinese smartphone makers are leading the market when it comes to ‘Made in India’ shipments. While these shipments grew 16 per cent yoy to reach 44 million units, a significant contribution continues to come from Chinese companies, who were excluded from signing up for the mobile PLI scheme for geopolitical reasons, an analysis by Counterpoint Research shows. Way too ahead The report illustrated that Chinese smartphone makers, Oppo and Vivo, saw their market share in smartphone shipments increase despite not being PLI beneficiaries. South...