Counterpoint reports a 7% increase in handsets made in India

According to a new analytical report, sales of phones “made in IndiaThe first quarter of 2022 saw an acceptable increase 7 percent have been.

Counterpoint Market Research Institute The report explains that the number of “Made in India” smartphones in the first quarter of 2022 increased by 7% compared to the same period last year, to more than 48 million devices it is arrived.

Oppo is the leading manufacturer of handsets in India

According to the chart presented in this report, the company اوپو With 10.36 million units, it became the largest manufacturer of “Made in India” handsets in the first quarter of 2022, with a market share of 21.6%. after that, Samsung With a market share of 21.3% and sales of 10.22 million units, it is in second place and is following Oppo by a small margin.

ویوو Another well-known company is the list, which has gained 11.7% of the market for devices made in India.

Other companies in the report are Indian third-party electronics (EMS) manufacturers, which saw significant growth of 4%. Bharat FIH was the largest EMS company in India with 11.3% in the first quarter of 2022, followed by Dixon Technologies with 8.6%.

Priya Joseph, an analyst at the institute, explains the growing market for Indian-made machines:

“The government’s focus has been on turning India into a manufacturing hub, and many initiatives have been taken in this direction. “In the current situation of market uncertainty due to epidemics, war and other factors, the government feels that it is very important to have an economy that can withstand such shocks.”

As mentioned, the growth of the Indian mobile phone market is due to the increase in demand as well as the increase in the country’s exports. It has also invested heavily in increasing its domestic production.