67% phones in India were locally-assembled in Q1 2016

- Advertisement -

According to a research which was recently conducted, it has been found that 67 per cent phones that were shipped in India in the first quarter of 2016, were locally assembled. 52.8 million phones where shipped in the country during the period. The year-on-year sales saw a dip by 4.7 per cent and if we look at the figures of the previous quarter there was a dip by almost 13 per cent.

The research conducted by CyberMedia Research says that India saw many investments coming from multinational spartphone vendors who have started opening their manufacturing units in the country and this is a very positive aspect of ‘Make in India’ initiative.

The smartphone segment saw 23.6 million shipments, with Samsung leading the way followed by Micromax and Intex. The average selling price of phones has seen an increase to ₹12,983, up from ₹10,364 in Q1 2015.

- Advertisement -

It is expected thatg now more and more phones that will be made in India will be sold in India and many international brands want to make India an export hub. This is really great news for the country, which wishes to be one of the top electronic manufacturing destinations globally.

By Atanu Kumar Das

- Advertisement -

Most Popular Articles

Exclusive

EV Sales In India Fall Face First From March to April 2024

0
Electric Vehicle sales, across segments, have fallen short of the promise the sector was witnessing over the last few months. Despite the extension of FAME scheme for...

Low-Speed Scooters, E Rickshaws Major ‘Headache’ For EV Task Force?

0
Going ahead, the situation for low-speed electric two-wheeler and electric rickshaw retailers and makers looks a little cloudy. The bigger ones may want to join these segments...

Growth Opportunities Connected With The Growing Semicon EcoSystem In India

0
India must concentrate on electronics products and semiconductor components, as progress in one area reinforces the other. The country can unlock immense economic opportunities...

Buzz

Altair Acquires Researchs In Flight To Advance Aerodynamics

0
FlightStream is capable of analyzing airflow from subsonic to supersonic speeds, incorporating compressible effects and a specialized capability for surface vorticity. It builds on...

Texa’s TXT Bharat OBD Tool Launched In India For Commercial Vehicles

0
The TXT Bharat, in conjunction with the IDC5 software interface, is designed to serve a range of vehicles in India, including trucks, buses, light...
Micron

Micron To Ship First India-Made Chips From Gujarat In 2025

0
Micron India is planning to start exporting semiconductor chips, which will be packaged at its facility in Sanand, Gujarat, by early next year. The...

Important Sectors

Altair Acquires Researchs In Flight To Advance Aerodynamics

0
FlightStream is capable of analyzing airflow from subsonic to supersonic speeds, incorporating compressible effects and a specialized capability for surface vorticity. It builds on...

Texa’s TXT Bharat OBD Tool Launched In India For Commercial Vehicles

0
The TXT Bharat, in conjunction with the IDC5 software interface, is designed to serve a range of vehicles in India, including trucks, buses, light...
Micron

Micron To Ship First India-Made Chips From Gujarat In 2025

0
Micron India is planning to start exporting semiconductor chips, which will be packaged at its facility in Sanand, Gujarat, by early next year. The...

EV Sales In India Fall Face First From March to April 2024

0
Electric Vehicle sales, across segments, have fallen short of the promise the sector was witnessing over the last few months. Despite the extension of FAME scheme for...

Greaves Electric Mobility Launches Ampere Nexus E-Scooter At Rs 109,900

0
The electric scooter, equipped with cutting-edge features and an LFP battery capable of covering 136km on a single charge, is aimed at attracting younger...

Manufacturing

Micron

Micron To Ship First India-Made Chips From Gujarat In 2025

0
Micron India is planning to start exporting semiconductor chips, which will be packaged at its facility in Sanand, Gujarat, by early next year. The...

Tesla Abandons Advanced ‘Gigacasting’ Manufacturing Process

0
Tesla, facing declining sales and rising competition, has dropped its one-piece gigacasting manufacturing approach. Originally intended to transform manufacturing and lower costs, Tesla has...

Honda Invests $11 Billion In Canadian EV Value Chain

0
As part of its strategy to establish eco-friendly EV and battery facilities in Ontario, Honda's EV value chain will cover every stage of EV...

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...
Sona Comstar

Sona Comstar Launches Mexico Plant For North American EV Demand

0
The new facility, established to address the increasing demand for premium driveline solutions for BEVs in North America, will focus on manufacturing differential assemblies...