India's 4G Smartphone Shipments To Grow 3%

Business Standard · business

India's 4G smartphone market is poised for a three percent year-on-year shipment growth in 2026, recovering from a significant slump. This growth is driven by rising component costs that have widened the price gap between 4G and 5G devices, making 5G models more expensive. Consequently, consumers in entry and budget segments are opting for 4G devices offering better value and specifications. Original equipment manufacturers are expanding their 4G portfolios to meet this demand, particularly in the sub-Rs 20,000 price range.