Telecomunicazioni
Rising Internet Penetration and Falling Smartphone Prices Propel Indian Mobile Phone Market
"Government mandates and support in terms of legislative and financial incentives are critical for the mobile phone market, influencing its growth," said , Senior Consultant, Industrial Practice at Frost & Sullivan. "Additionally, the government's Production-Linked Incentive (PLI) scheme is helping mobile manufacturing companies increase their year-on-year sales. Currently, India is the second-largest exporting nation for mobile phones and is fast becoming a global manufacturing hub."
Rajkumar added: " India -manufactured phones are popular in the Middle East and North Africa region, offering India considerable export market potential along with domestic sales."
To tap into the growth prospects brought about by
India's booming mobile phone market, manufacturers should:
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