India’s mobile shipments may contract by 4% on-year in 2026 on rising prices
New Delhi: Smartphone shipment volumes in India, the world’s second-largest market by users, are expected to decline 4% in 2026 to about 145-147 million units, further worsening from last year’s stagnant performance.
A supply chain shortage resulting in higher component prices, especially memory and storage, along with foreign exchange headwinds, would trigger an increase in handset prices, impacting demand, electronics market researcher IDC told ET.
