1 min read.Updated: 17 Jun 2022, 12:55 AM ISTLivemint
Counterpoint Research attributed the growth of phones made in India to an increasing demand for smartphones in the country, along with an increase in exports
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Shipments of smartphones made in India crossed over 48 million in the first quarter of 2021, according to a new report by market research firm Counterpoint Research. According to the report, shipments of devices made in the country grew by 7% year-on-year (YOY) during the quarter, while manufacturing of feature phones declined by 41% YOY.