What Are The Top Chinese Companies In India?
The economy of China is growing at a breakneck pace. It is strictly based on the growing sector of manufacturing in China. Based on the nominal GDP, the Chinese economy, in the year 2019, was worth about 14.14 trillion USD. It is currently one of the largest economies in the world and indeed comes under the top 3 in the list of world economies. Based on FPP, the economy of China is about worth 27.30 trillion USD.
It is more than the US economy as well. Most of the Chinese companies have been doing their business in India. The Chinese company list in India is a long one and is discussed in detail. Not to mention that the trade disputes between the two countries have been in the headlines. Recently, we have seen that the Indian government has banned a few of the Chinese applications and products. Some of those are PUBG, WeChat, Halo, Shein, and much more.
However, there are still a few Chinese companies in India that are currently operating. People in our country are always looking forward to banning Chinese products and apps. It is all due to the ongoing disputes between the two countries. Here, we will talk about a few of the Chinese brands in India that are still doing business despite the recent bans on Chinese apps and products.
Influence Of Chinese Brands In India
The China companies in India that are currently operating are listed and discussed below. Also, the top Chinese companies in India hold a significant section in the economy of our country. Given below is a list of Chinese companies and their share in the business sector of India.
Metallurgical industry (17%)
Automobile industry (40%)
Power (7%)
Services (4%)
Construction (5%)
It is also interesting that India sends about 8% of the total exports to China. Still, China is responsible for shipping only 3% of its entire exports to India.
List Of Top Chinese Companies In India
In this section, we will discuss the Chinese company list in India. These are the companies that have been a part of the Indian business sector for a very long time. However, there are some new inclusions to the list as well. Most people these days tend to use the products made in China. Because the Chinese manufacturing industry is a big one, and it provides exports to most countries in the world, India is one of them.
1. Xiaomi Mi
Xiaomi MI has currently gained popularity among all Chinese mobile companies in India. It is trendy due to a few reasons. The company created electronic accessories such as headphones, mobile phones, and other essential devices. Even the price range of the products offered by the company is very dynamic. Some phones are both affordable and have advanced features. It became a part of the market in India in the year 2014 and has been a significant provider of mobile phones.
2. Oppo
Another one of the leading entrants in the China company in India list would be the Oppo smartphone company. This electronics giant had managed to capture the attention of the Indian public since the year 2014, when it first entered the market. Due to the fast-working operating systems and the excellent camera phone, this company has managed to do great business in the country for sure. The phones from this particular company are famous for gaming and other unique purposes as well. Deepika Padukone is the ambassador of this company.
3. Vivo
Around the same time as Oppo, another mobile phone company from China known as Vivo also entered the market and made its position known. With almost the same concept as Oppo, Vivo is also known for its camera quality. Also, the price range of these mobile phones is genuinely unique and managed to woo the customers.
4. One Plus
Also launched in 2014, One Plus is one of the best performing Chinese brands in India for sure. However, the only difference between this and the other mobile brands is that the price range is slightly higher. The phones begin at about Rs.27,999. This can be considered an expensive option. But the features and the technology used in these phones make up for the high price in the best way. It is an absolute favorite of the high-end and costly buyers who have the money to afford a phone like this.
5. Huawei
Another top competitor amongst the Chinese brands in India that are mobile companies would have to be Huawei. This is a company that manufactures tablets, speakers, watches, and mobile phones. It has a very diverse hold on the market of India and is currently at one of the top positions in the Indian market. But with time, the company might be facing some difficulties due to the dispute between China and India.
6. Lenovo
The list China companies in India that are performing well also includes the name of Lenovo. This company manufactures electronic devices such as laptops, televisions, watches, wearables, and much more. This is a very trusted company as most people try to buy the laptops of Lenovo due to the fantastic and affordable price range that it has.
7. Haier
Haier is one of the best electronics brands in the country, and it has been a part of the Indian market for about 12 years now. The company is known for manufacturing TVs, ACs, microwaves, refrigerators, and much more. The appliances created by this company are very much high in demand amongst several industries as well.
8. TCL
Another one of the electronic companies in India that has a name is TCL. It is known for the home theatres and the televisions that the company creates. Not to mention that the company is also stepping into the AI world with smart TV options for the people.
9. Realme
Here is another trendy mobile brand that is a part of the China exports market. Realme is also known for the mobile phones it creates and other electronic items such as headphones and much more. The company has managed to gather a huge profit from the Indian market due to the fantastic features and exciting price offerings. The company has managed to double the shipment that it gave since the year 2020.
10. WISCO
Standing from Wuhan Iron and Steel Corporation, WISCO is a brand that came to the Indian market in 2008 and has been a part of it since then. The company is known for creating several bronze and other metals materials and has been used in construction companies a lot.
Here is a table representing some of the top Chinese companies in India.
FAQs on List of Top Chinese Companies In India
Question 1: Why does China occupy such an ample space in the Indian market?
Answer: Recently, it has been brought to the attention of the people that several of the Chinese apps, as well as products, have been banned in India. Despite that happening, there is a very long list of Chinese brands in india that are still functioning. This is because China remains one of the biggest owners of different manufacturing units in the world. They tend to manufacture different types of products and applications that meet the customers’ expectations worldwide, including the customers from India as well. China supplies a significant share of India due to the low-price range and the bulk manufacturing amounts. That is one of the main reasons China tends to occupy ample space in the Indian market.
Question 2: What can be done to minimize the hold of Chinese products in the Indian market?
Answer: Due to the border disputes and the trade disputes going on between India and China, it is safe to say that India has been trying to slow down the growth of Chinese products and applications in the country. This can be seen from the recent bans that have been imposed on several of the big China brands in India. Brands such as Shein, WeChat, PUBG, and others have been banned from the country. The best solution to slow down the successful growth of Chinese products in India is to promote and use more and more Chinese products. In place of Chinese products, people should be more inclined to use products manufactured in India.
