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India will see smartphone sales worth Rs 61,000 crore this festive season, says report

News Snapshot:

FP Staff In what may be a record for the global smartphone market, India may see smartphone sales to the tune of Rs 61,000 crore this festive season. The report also claims that 1 out of every 3 smartphone to be sold during this period, will be a 5G enabled smartphone. As per a report published by Counterpoint Research, India will see a massive number of transactions for smartphones during this festive season. E-commerce channels like Flipkart and Amazon are expected to capture 61 per cent of the overall sales, down from 66 per cent last year. India’s smartphone market…

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