Smartphone Market

The high consumer demand post-lockdown, as well as strong promotions on online channels and new uses cases like e-learning and work from home, drove the smartphone market in the pandemic-hit year, said the latest research from Counterpoint's Market Monitor service.

From Rs 1.8 lakh crore production in 2018-19, mobile phone production touched Rs 2.14 lakh crore in 2019-20, ICEA said, adding that the manufacturing is projected to hit Rs 4.85 lakh crore in 2022.