‘Make in India’ smartphone shipments down 8 percent as consumer demand slows

Economic headwinds, poor consumer demand, and market uncertainties led to an 8 percent decline in ‘Make in India’ smartphone shipment (year-over-year) in the third quarter (Q3) this year to reach over 52 million units, a new report said.

This is the first decline in any quarter this year. Oppo led the ‘Make in India’ smartphone shipments with a 24 percent share, followed by Samsung and Vivo.

Bharat Forge India Holdings remained the top electronics manufacturing services (EMS) player in terms of smartphone shipments, and among the Indian players, Dixon emerged as the top smartphone EMS provider, according to Counterpoint Research.