Domestic manufacturing of mobile phones saw a significant increase in the third quarter of 2018, with almost 94 per cent of the handsets being made in the country, a new report from CyberMedia Research (CMR) has said. According to CMR’s India Mobile Handset Market Review Report, India’s mobile handset market recorded 9 percent sequential growth during the quarter and smartphones grew sequentially by 29 percent.

“As of third quarter of 2018, local manufacturing has now seen a significant boost. Completely knocked down (CKD) level manufacturing constitutes almost half of the overall market. Smartphone brands like Oppo, Vivo, and Xiaomi have moved largely to surface-mount technology (SMT). Reliance Jio Phone also entered into SMT production in this quarter. Among domestic players, Lava has the major share in SMT production,” said Prabhu Ram, Head-Industry Intelligence Group (IIG), CMR.

Source: NDTV


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