India\'s mobile device market entry a worry for China and Vietnam

India's mobile device market entry a worry for China and Vietnam

Three firms- Apple, Samsung, and Huawei - account for 75% of global exports

Topics
Smartphone market | smartphone industry | Mobile manufacturing industry in India

Surajeet Das Gupta  |  New Delhi 

China and Vietnam, which dominate the global market for mobile devices, might have something to worry about because India could walk into the field.

If the government’s new incentive scheme for mobile device exports gets off the ground, top global players like Apple Inc, Samsung, Vivo, and global vendors that manufacture phones for brands could help India grab more than a 7 per cent share of the global export market of $369 billion by 2025. Sources privy to discussions between global device manufacturers and the government say these companies could generate ...

First Published: Mon, May 11 2020. 23:24 IST