Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
BW Businessworld

'Made In India' Smartphone Shipments Grows 16% YoY In Q2 2022

The shipments in the Q2 grew to reach over 44 million units

Photo Credit :

1495539932_0UzX2V_157743832.jpg

A new report suggests that domestic manufacturing of smartphones in India has grown by 16 per cent year-on-year (YoY) in Q2 2022. OPPO has led the ‘Made In India’ shipments in the quarter.

The research has showed that mobile manufacturers are pushing for higher output to meet the criteria for the government’s PLI incentives lately. The shipments in the Q2 grew to reach over 44 million units.  

During the quarter, in-house manufacturing of smartphones contributed to about 66 per cent of total Made in India shipments and rest of them came from third-party EMS players.

The shipments in this quarter was led by OPPO with 24 per cent share, followed by Samsung and Vivo. Among the third-party EMS players, Bharat FIH, Dixon and DBG were the leading players during the quarter.

Meanwhile, Padget Electronics (396 per cent YoY), Wistron (137 per cent YoY) and Lava (110 per cent YoY) were the fastest growing smartphone manufacturers during the quarter in terms of shipments. In the feature phone segment, Lava was leading mobile player among Indian brands. 

Commenting on the local manufacturing ecosystem, Counterpoint Senior Research Analyst Prachir Singh said, “Recently, OPPO announced the Vihaan initiative under which it plans to invest USD 60 million in the next five years to empower the local supply chain. Samsung also increased its manufacturing with the premium segment smartphones, especially the Galaxy S series. Going forward, the upcoming festive season will further drive the Made in India shipments due to the expected increase in local demand.”


The manufacturing is expected to receive further boost in the Q3 with possible disbursement of PLI incentives.



Tags assigned to this article:
smartphones report oppo samsung lava Vivo