Nearly 94% of Mobile Phones Sold in India are Manufactured Locally: CMR

By November 1st, 2018 AT 2:21 PM

Domestic manufacturing of mobile phones saw a significant increase in the third quarter of 2018, with almost 94% of the handsets being made in the country, a new report from CyberMedia Research (CMR) has said. According to CMR’s “India Mobile Handset Market Review Report”, India’s mobile handset market recorded nine per cent sequential growth during the quarter and smartphones grew sequentially by 29%.

mobile-phones-made-india

Feature phone shipments during this period improved by 24% while fusion phones witnessed a sequential decline of 41%. “As of third quarter of 2018, local manufacturing has now seen a significant boost. Completely knocked down (CKD) level manufacturing constitutes almost half of the overall market. Smartphone brands like OPPO, Vivo and Xiaomi have moved largely to surface-mount technology (SMT).

Reliance Jiophone also entered into SMT production in this quarter. Among domestic players, Lava has the major share in SMT production,” said Prabhu Ram, Head-Industry Intelligence Group (IIG), CMR late Wednesday, according to IANS.

Meanwhile, CKD level manufacturing surpassed semi-knocked down (SKD) manufacturing in the third quarter of 2018. This quarter also saw aggressive launches by several smartphone players in the wake of the festive season.

According to Narinder Kumar, Lead Analyst, IIG-CMR, “Q3 2018 saw sharp growth in smartphones as well as feature phones. The highly competitive smartphone market witnessed traction towards online sales supported by online sales with attractive discounts, buyback offers and financing schemes in October.”

Subscribe
Notify of
guest
6 Comments
newest
oldest most voted
Inline Feedbacks
View all comments

Recent Posts

Smartphone Sales Rose by 26% in Q1 2021, Samsung Takes Top Spot: Gartner Report

On Monday, Anshul Gupta, the senior research director at Gartner stated that smartphone sales grew by 26 per cent in Q1...

OnePlus Nord N200 Leaked by Pete Lau, to Offer a FHD+ Display and 5G Support

In recent times, OnePlus has started to take a different approach when it comes to pre-release promotions of a new...

Jio Saavn Users Can Now Access Music Channels and Playlists Within the App

Jio Saavn, the largest streaming platform for music and audio-related entertainment in the whole of South Asia on Monday released...