July smartphone imports continue to be high as brands prepare for festive season

Imports of smartphones in July stood at Rs 2,085.2 crore—a marginal 6% fall sequentially but still the second highest in three years. Import volumes for handsets touched a three-year high of Rs 2,225.2 crore in June, nearly six times that of May and several times the Rs 5.6 crore recorded in the immediate pre-Covid month of February, amid large-scale disruption in local manufacturing.

from Tech-Economic Times https://ift.tt/34ooeN4