Overview
- As of May 28, Indian testing labs had 342 pending applications and have approved only one foreign model.
- Retailers report that sluggish approval processes have driven revenue down by roughly 50 percent since April.
- Under the rules, manufacturers must submit hardware, software and source code for assessment in government labs before cameras can be sold.
- Chinese companies such as Xiaomi face extra documentation requirements under internal guidelines for firms from countries sharing land borders with India.
- Analysts warn that the backlog could slow growth in a market projected to reach $7 billion by 2030 in which nearly 80 percent of components originate from China.