How the year panned out for the refurbished phone industry in 2019?

What would you do if you had a tight budget and wanted to upgrade your phone quickly without any hassle or liability? The answer is simple. You would most likely look for your preferred brand with the best possible specs in the refurbished phone category and offload your old smartphone in exchange. And you’re not alone! Millions of Indians now prefer to pick up refurbished mobile devices that come at a significant discount to ‘new’ smartphones. Welcome to the booming refurbished smartphone market – the darling of the masses and a segment that is growing significantly faster than the new smartphone category. Infact, while the Indian economy has hit a rough patch, this is one segment that has seen a significant uptick.