Made-in-India smartphone shipments rose by 16 percent in Q2 2022: Counterpoint
How the Made in India smartphone and other markets line upAccording to the Counterpoint report, companies in India are pushing for more local manufacturing of devices to match the targets set by the Indian government for its production-linked incentive (PLI) scheme. The latter has been increasingly rolled out over the past few years in order to boost India’s local manufacturing and assembly market, which has attracted investments such as OPPO’s recent $60 million commitment under its ‘Vihaan’ initiative. In terms of…