India smartphone shipments fall to 6-year low in Q1 amid price hikes: Counterpoint Research

India’s smartphone shipments fell 3% year-on-year in the first quarter of 2026, marking their weakest quarterly performance in six years as cost pressures, price hikes and soft ‌demand ⁠weighed on ⁠sales, Counterpoint Research said on Friday.

Over 80 smartphone models saw average price hikes of 15%, with a further 15%-20% expected in the second quarter.