Mobile phones in India is expected to see little movement in retail volume terms in the forecast period. However, smartphones is expected to witness steady growth, due to factors such as rising disposable incomes, advances in the telecommunications infrastructure and 5G networks, the availability of EMI (easy monthly instalment) schemes, and the increasing consumer preference for innovative products.
The introduction of the Production Linked Incentive (PLI) Scheme by the Indian government has been a game-changer in terms of shifting the manufacturing of electronics, especially smartphones, from manufacturing hubs such as China to India. These schemes and incentives, along with exemptions in customs duties, have been strong encouragement for both local and foreign companies to set up production facilities in India.
Foldable phones are expected to become more mainstream in India, as consumers are increasingly opting for smartphones with larger screens and more premium features. The flexible screen design enhances the viewing experience for consumers, while the separate panels allow for seamless multitasking across various applications.
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Understand the latest market trends and future growth opportunities for the Mobile Phones industry in India with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Mobile Phones
Any device capable of telecommunication over a cellular network of base stations. Mobile phones can come with functions including camera, video and internet access.
See all of our definitionsThis report originates from Passport, our Mobile Phones research and analysis database.
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