'Smart' progress in 'Made in India'
The Dollar Business Bureau Prime Minister Narendra Modi's ‘Make in India’ initiative seems to have had a positive impact on the mobile handset manufacturing in the country. According to the latest data released by the Cyber Media Research (CMR), "out of the total handsets shipped during April-June 2015, 24.8% were manufactured and/or assembled in India compared to 19.9% in the previous quarter." The CMR’s India Mobile Handsets Market Review report also stated that the smartphones were on way to account for half of all mobile phones shipped in India, currently adding up to 43% of total mobile phone shipments in the country. "India shipped 56.6 million handsets during the April-June this year with 43% of them being smartphones. During April-June 2015, smartphones ...
Mobile handsets market dips by 15% in the first three months of 2015
The Dollar Business Bureau The Indian mobile handsets market declined 15% in terms of overall sales in the first three months of 2015 even as the market leader Samsung managed to retain its leadership position, a study said on Wednesday. Sluggish sales registered in both smart phone and feature phone segments. However, smart phones sales declined by only 7% as compared to more than 18% in the case of feather phones segment. Of the total 53 million mobile handsets sold during the first quarter of this year, 37% (19.5 million) were smart phones, said the report released by Cyber Media Research (CMR) on Wednesday. Experts attributed the downward sales to the lack of customers’ interest in new models and change in ...
