An Indian electronics authority has approved a new device from Realme described as being part of the "Smart Watches" category. Therefore, it seems this brand is preparing to launch its first wearable of this type in India. If so, it will compete with other OEMs such as Huawei and Garmin in this market.
https://www.notebookcheck.net/A-new-Realme-leak-suggests-the-brand-is-about-to-release-its-first-smartwatch.450877.0.html