Chinese smartphones have captured about 40 per cent share in India

It is strange that while India has banned Chinese firecrackers during Diwali, it is not doing so for smartphones. In fact, two leading smartphone brands have occupied the second and third spots respectively in the market share, while India’s domestic brands have seen a drop. India is believed to be the second largest smartphone market in the world.
This has been reported in thehindu.com dated 4 January 2017.

The entry of Chinese phone makers has seen a decline in the market of India’s domestic brands. In the opinion of analysts, smartphone giants view India (with a population of 1.34 billion), to be the “new China” and the competition will be intense.
OPPO has plans to invest 1.5 billion yuan (USD 215 million) to build an industrial park in India to bring down manufacturing cost and, the company already has a factory in Greater Noida.


Image courtesy wikimediacommons.org

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