Mobile phone shipment to touch 262 mn by 2017-end: CMR

Mobile handset shipments in India are likely to touch 262 million units by the end of the year with feature phones continuing to dominate the market, a report by CyberMedia Research today said.
CMR estimates the mobile handset shipments to clock 262 million units by the year-end, with feature phones ruling the roost with 141.6 million units and smartphones accounting for 124 million units, it said.
Since the beginning of 2017, mobile handset vendors have shipped around 200 million mobile handset units in India, it added.
The report said the smartphone market recorded 29 per cent sequential growth in the September quarter, with 37.5 million units shipped on the back of the festive season sales.

"While Q4 will see the introduction of several marquee flagship brands, the India market will continue to be driven by the affordable (under Rs 7,000) and value for money (Rs 7,000-25,000) segments," CMR Head Industry Intelligence Group (IIG) Prabhu Ram said.