India’s share in global smartphone market may double in 3 years: Prasad

Ravi Shankar PrasadInformation Technology (IT) and Electronics Minister Ravi Shankar Prasad on Friday said that India’s share in the global smartphone market may double in the next three years.

“India’s share in global smartphone market may almost double in 3 years,” the minister said in a tweet.

“Mobile Phone manufacturing in India has grown very fast since 2014-15,” he added.

According to an estimation done by Indian Cellular Association, Rs 54,000 crore worth of mobile phones were manufactured in India in 2015-16 and it is expected to touch Rs 94,000 crore in 2016-17.

IANS

Editor
Editorhttps://telecomlead.com
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Previous article
Apple devices failing more than Android smartphones: Study
Next article
Small cell, carrier Wi-Fi, C-RAN, DAS investment to grow to $13bn in 2016

Latest

More like this
Related

Omdia: Samsung Builds Premium AI Ecosystem to Defend Foldable Leadership Ahead of Apple Entry

Editor Editor -
According to Omdia, Samsung Electronics is using its expanded...

iQOO Z11 Lite 5G Launches in India at INR 17,999 with AI Features, 6500mAh Battery to Challenge Samsung, realme and Redmi

Editor Editor -
iQOO has expanded its affordable 5G smartphone portfolio in...

Samsung Raises Foldable Phone Prices by $100 as Memory Chip Costs Surge

Editor Editor -
Samsung Electronics has increased the prices of its latest...

Qualcomm Snapdragon Powers Samsung Galaxy Z Fold8, Z Flip8, Watch9, Ultra2 and XR Smart Glasses with Advanced AI

Editor Editor -
Qualcomm Technologies has expanded its partnership with Samsung Electronics...