Smartphones rapidly gaining ground in India

07/8/2013 | Business Standard (India)

Smartphones now account for almost 13% of the phone market in India, with year-on-year growth of 167.3% during the January-April period this year. "The India smartphones market saw the entry of two local vendors amongst the Top 3 positions for the first time, displacing Tier 1 international players. This shows that market dynamics have changed in the India smartphones segment," said Tarun Pathak, analyst for CMR Telecoms Practice.

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