OnePlus Denies Shutdown Rumours as India Market Share Falls 30%, Confirms Normal Business Operations

Despite this drop, market challenges do not mean closure. Many face ups and downs due to pricing pressure, supply issues, and chip shortages. Oppo, the parent company, has kept a stable market share during the same period.

OnePlus India also deals with a tax-related issue. The GST department issued an INR 93 crore tax notice linked to the green line screen replacement program. The company deposited INR 10 crore under protest. Legal experts have advised OnePlus that its case remains strong and the risk stays low.

Experts believe the rumours gained strength due to the brand’s integration with Oppo. Some users feel OnePlus has lost its earlier independent image. However, no official plan supports claims of a shutdown or dismantling.

. The company continues to sell products, support users, and run operations in India. The leadership has clearly denied all shutdown rumours and called them unverified.