June 17, 2022
The segment witnessed a 7% year-on-year growth
Electronic manufacturing service (EMS) providers captured 42% of the domestic manufacturing market, registering a 4% on-year growth
The feature phone segment led the EMS space with a 68% share in Q1 FY22
Samsung is part of the government's Production Linked Incentive (PLI) scheme for smartphone manufacturing
Smartphones manufactured in India crossed over 48 million shipments in the first quarter of 2021, seeing a 7% year-on-year growth, according to a new report by Counterpoint Research.
As per the report, Oppo had the highest market share of smartphones made in India at 21.6% including its subsidiaries, followed by Samsung at 21.3%, and Vivo with a share of 11.7%.
Samsung is also a part of the government’s PLI scheme for smartphone manufacturing.
Electronic manufacturing service (EMS) providers captured 42% of the domestic manufacturing market, registering 4% on-year growth, according to the report. The feature phone segment led the EMS space with a 68% share in Q1 FY22. Lava, one of India’s own smartphone brands had a share of 21%.
According to industry experts, shipments of domestically manufactured smartphones from India crossed 190 million units in 2021. They further added that the increasing smartphone demand, as well as exports from the country, have contributed to the segment’s continued growth.
The report also said that the local handset manufacturing in India will further increase by 4% in 2022.
