New Delhi, April 23 (IANS) The shipments of ‘Made in India’ smartphones grew 8 per cent (on-year) in 2025, driven by a 28 per cent surge in exports and a 1 per cent growth in domestic sell-in, according to a new report on Thursday.Exports accounted for approximately one-third of all smartphones manufactured in India, said Counterpoint Research’s ‘Make in India’ Tracker.Foxconn Hon Hai emerged as the key beneficiary with a 48 per cent YoY growth in its exports, driven by strong Apple sh…
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New Delhi, April 17 (IANS) India’s smartphone shipments declined 3 per cent year-on-year (YoY) in the January-March quarter of 2026, which is the weakest first-quarter performance in the past six years, a report said on Friday.The decline was driven by a combination of rising supply-side cost pressures, price hikes by manufacturers and weak consumer demand, which impacted retail conversions despite a higher number of new launches, according to Counterpoint Research.To offset rising component c…
New Delhi, Feb 2 (IANS) India’s smartphone market grew a modest 1 per cent year‑on‑year in volume but a robust 8 per cent in value in 2025, underscoring sustained premiumisation, a report said on Monday.The report from Counterpoint Research said that over one in every five smartphones shipped in India is now in the premium segment, and that Apple recorded its highest ever value share.Vivo (excluding iQOO) led the market in 2025 in volume terms with a 20 per cent share, while Apple led in v…