A day after the Union government banned 59 Chinese applications, including popular ones such as TikTok, Shareit, Mi Video Call, Club Factory and Cam Scanner, citing threat to national security and sovereignty, an Information Technology Ministry official said the banned platforms would be given a chance to submit their clarifications.
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Sanchit Vir Gogia, chief analyst & CEO at Greyhound Research, said the move was a leveraging technique by the government to bring people on the table to negotiate. The idea, however, should not be to block the companies but to get them to invest in the country. For instance, this move may push such apps to invest in data centres in the country, he pointed out.
“If you look at other technology giants such as Google and Microsoft, they invest in the country. They give jobs and have committed to keeping data of Indian citizens locally. The step will have an impact on these firms…The market opportunity in India is huge,” he said, adding that parallels could be drawn with what happened in the IT sector. With the visa-related issue coming up in the U.S., Indian companies started investing in the U.S. and hiring locally. Every country protected its interest.
P.S.: For more information on this topic, read the research report by Greyhound Research (shared below).
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