{"id":1009542,"date":"2026-05-23T09:20:26","date_gmt":"2026-05-23T03:50:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1009542"},"modified":"2026-05-23T09:29:50","modified_gmt":"2026-05-23T03:59:50","slug":"smartphone-volumes-may-dip-5-7-in-fy27-industry-value-to-grow-8-10-amid-higher-device-costs-icea","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/23\/smartphone-volumes-may-dip-5-7-in-fy27-industry-value-to-grow-8-10-amid-higher-device-costs-icea\/","title":{"rendered":"Smartphone volumes may dip 5-7% in FY27; industry value to grow 8-10% amid higher device costs: ICEA"},"content":{"rendered":"<p>New Delhi: India&#8217;s smartphone industry is likely to witness a 5-7 per cent decline in volumes in this financial year ending March 2027 amid global economic uncertainty and inflationary pressures, although the industry is still expected to register 8-10 per cent value growth due to higher product prices according to Chairman of the India Cellular &amp; Electronics Association (ICEA), Pankaj Mohindroo. <\/p>\n<p>In an exclusive interview with ANI, Mohindroo said, &#8220;Domestic volume demand has remained at the same level for the last five years. This year, we will see a drop of about 5-7 per cent in volume. In value, we will grow because of the higher cost of product. From last year, value growth should be between 8-10 per cent.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: India&#8217;s smartphone industry is likely to witness a 5-7 per cent decline in volumes in this financial year ending March 2027 amid global economic uncertainty and inflationary pressures, although the industry is still expected to register 8-10 per cent value growth due to higher product prices according to Chairman of the India Cellular &amp; Electronics Association (ICEA), Pankaj Mohindroo. In an exclusive interview with ANI, Mohindroo said, &#8220;Domestic volume demand has remained at the same level for the last five years. This year, we will see a drop of about 5-7 per cent in volume. In value, we [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-1009542","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1009542"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009542\/revisions"}],"predecessor-version":[{"id":1009566,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1009542\/revisions\/1009566"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1009542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1009542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1009542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}