1. With 180% growth, Chinese smartphone makers set to wipe out Indian brands like Micromax, Lava

With 180% growth, Chinese smartphone makers set to wipe out Indian brands like Micromax, Lava

Samsung of South Korea, and the Chinese Itel and Xiaomi were the top market players with 27 per cent, nine per cent and six per cent market share, respectively, in terms of volume.

By: | New Delhi | Published: May 19, 2017 5:10 PM
Chinese vendors, Indian mobile phone handset, market, first quarter, revenue growth, domestic players, overall handset segment, CyberMedia Research, CMR report Chinese vendors captured 49 per cent of the Indian mobile phone handset market in the first quarter of 2017 — a 180 per cent (year-on-year) revenue growth — threatening to wipe out domestic players from the overall handset segment, a report said on Friday. (PTI)

Chinese vendors captured 49 per cent of the Indian mobile phone handset market in the first quarter of 2017 — a 180 per cent (year-on-year) revenue growth — threatening to wipe out domestic players from the overall handset segment, a report said on Friday. According to research firm CyberMedia Research’s (CMR) “India Quarterly Mobile Handset Market Review” report, mobile handsets market in India recorded revenues of Rs 346,295 million in the first quarter (January-March), down eight per cent sequentially quarter-on-quarter.

Samsung of South Korea, and the Chinese Itel and Xiaomi were the top market players with 27 per cent, nine per cent and six per cent market share, respectively, in terms of volume. “In the smartphone arena, the Chinese brands have already kicked out domestic players from the top five list and in the near future, we will see Chinese players wiping out the Indian brands from the top five chart of overall mobile handset segment too,” said Krishna Mukherjee, Telecom Analyst with CMR, in a statement.

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The Indian mobile handset market — having leading brands Micromax, Intex and Lava — is forecast to be at around 65 million units in the second quarter (April-June), and the growth will come from replacement/upgrade market that would continue to benefit the Chinese brands. “As this would be the last quarter before GST is implemented (on July 1), a lot of push by way of schemes and offers from various handset makers is expected during the quarter,” the report added.

Apple’s entry into the ‘Make in India’ bandwagon via iPhoneSE will change the market dynamics as it will open up tough competition for Chinese players like Vivo and Oppo, which have been strong in the Rs 15,000 to Rs 25,000 price range.

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    Prasant Kumar Patnaik
    May 20, 2017 at 3:53 pm
    There are two ways to counter the situation.The Indian manufacturers should aim at releasing handsets with latest softwares combined with all important features.One the other hand we should think thousand times how to choose an Indian b while purchasing one mobile so than we can boost up our countries economy and help in growth of Indian manufactures.
    Reply
    1. J
      Jayadev patra
      May 20, 2017 at 2:59 pm
      Because Indian company software upgrade not available, same price chinese companies giving upgrade to higher version like lte to volte and much more features. I have bought a micromax higher price than chinese companies but not having volte upgrade. This is disgusting and Indian companies have certain manufacturing defect thy can't resolve it though we meet in service centre thrice.
      Reply

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