Rs 1 lakh-plus smartphone market grew 23% in India in 2019

New Delhi: In a clear sign that aspirational India is ready to splurge on flaunting smartphones that may cost you a bomb, the uber-premium smartphone segment (Rs 1 lakh and above) in India grew 23 per cent (year-on-year) in 2019.

Apple which actually created the uber-premium segment in India, contributed 85 per cent of the shipments with iPhone 11 Pro and 11 Pro Max, according to the data from CMR’s ‘Mobile Handset Market Review Report”.