November 9, 2024 1:46 PM

India’s smartphone market estimated to grow 7-8 per cent this year

India’s smartphone market is expected to grow by 7-8 per cent this year, driven by strong demand for premium, 5G, and AI smartphones, according to a new report. The overall mobile handset market in India is anticipated to maintain steady growth. “As brands focus on bridging technology gaps and introducing affordable 5G devices, competition will likely intensify. The new wave of AI-capable devices will continue to fuel consumer preferences in the coming quarters,” said Pankaj Jadli, Analy...