Why is India’s Smartphone Market Tumbling?

Why is India’s Smartphone Market Tumbling?

In Q3FY22, India’s smartphone market tumbled by 10% to a 3-year low. What might be the reason behind this? Let’s find out. What’s Happening? When it comes to using phones, everyone prefers a smartphone. The government consciously encourages producers to manufacture smartphones in India through its Production Linked Incentive Scheme. The result of the scheme …

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