{"id":263778,"date":"2025-03-21T13:12:23","date_gmt":"2025-03-21T13:12:23","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/03\/21\/made-in-india-smartphone-shipments-grew-6-percent-yoy-in-2024\/"},"modified":"2025-03-21T13:12:24","modified_gmt":"2025-03-21T13:12:24","slug":"made-in-india-smartphone-shipments-grew-6-percent-yoy-in-2024","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2025\/03\/21\/made-in-india-smartphone-shipments-grew-6-percent-yoy-in-2024\/","title":{"rendered":"\u2018Made in India\u2019 Smartphone Shipments Grew 6 Percent YoY in 2024"},"content":{"rendered":"<div style=\"text-align:center\"><img decoding=\"async\" src=\"https:\/\/i2.wp.com\/i.gadgets360cdn.com\/large\/iphone-16-plus-rear_1729450412788.jpg?ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\u2018Made in India\u2019 Smartphone Shipments Grew 6 Percent YoY in 2024\" title=\"\u2018Made in India\u2019 Smartphone Shipments Grew 6 Percent YoY in 2024\" \/><\/div><p> <br \/>\n<\/p>\n<div>\n<p>\u2018Made in India&#8217; smartphone shipments grew 6 percent year-on-year (YoY) in 2024, according to claims by a market research firm. <a class=\"sp_lnk2\" href=\"https:\/\/www.gadgets360.com\/tags\/samsung\">Samsung<\/a>\u00a0and <a class=\"sp_lnk2\" href=\"https:\/\/www.gadgets360.com\/tags\/vivo\">Vivo<\/a>\u00a0dominated the market with the most market share. Meanwhile, the former, along with <a class=\"sp_lnk2\" href=\"https:\/\/www.gadgets360.com\/tags\/apple\">Apple<\/a>, accounted for a combined 94 percent of the total smartphone exports from the country, benefitting from the government&#8217;s PLI (Production-Linked Incentive) scheme. Meanwhile, Dixon emerged as India&#8217;s top manufacturer of smartphones and feature phones, registering a 39 percent YoY growth.<\/p>\n<h2 id=\"growth-of-made-in-india-smartphone-shipments\">Growth of \u2018Made in India&#8217; Smartphone Shipments<\/h2>\n<p><a class=\"sp_lnk2\" href=\"https:\/\/www.counterpointresearch.com\/insight\/shipments-of-made-in-india-smartphones-grew-6-yoy-in-2024-amid-record-exports\/\" rel=\"nofollow noopener\" target=\"_blank\">According<\/a>\u00a0to Counterpoint Research&#8217;s \u2018Make in India&#8217; Service, Samsung retained its spot from last year as the top smartphone manufacturer of 2024, registering a 6 percent YoY growth and a 13 percent YoY increase in exports. The brand had an overall share of 20 percent in the Indian smartphone market.<\/p>\n<p>Vivo ranked second with a 14 percent market share, with its offline expansion and improved distribution network cited as the contributing factors. Meanwhile, Oppo registered a 34 percent decline in shipments, slipping to the fourth spot. The analysis reveals that Dixon achieved a 39 percent YoY growth, owing to its recent partnerships with the Transsion brands as well as <a class=\"sp_lnk2\" href=\"https:\/\/www.gadgets360.com\/tags\/realme\">Realme<\/a>. It ranked as the top manufacturer of smartphones and feature phones in the country.<\/p>\n<p>Further, Tata Electronics was the fastest growing manufacturer of 2024 with a 107 percent YoY increase. Counterpoint states that <a class=\"sp_lnk2\" href=\"https:\/\/www.gadgets360.com\/apple-iphone-15-price-in-india-115759\">iPhone 15<\/a> and <a class=\"sp_lnk2\" href=\"https:\/\/www.gadgets360.com\/iphone-16-price-in-india-128234\">iPhone 16<\/a> were the major volume contributors. To further cement its position as a key player in the global electronics supply chain, the company has ventured into semiconductor fabrication with a factory established in Haryana, while also currently building an Outsourced Semiconductor Assembly and Test (OSAT) plant in Assam.<\/p>\n<p>Meanwhile, DBG Technology, which manufactures smartphones for brands such as <a class=\"sp_lnk2\" href=\"https:\/\/www.gadgets360.com\/tags\/xiaomi\">Xiaomi<\/a>\u00a0and Realme in India, also recorded a double-digit growth. According to Counterpoint&#8217;s Senior Research Analyst Prachir Singh, smartphone manufacturing in India is expected to grow by double digits in 2025, with a particular increase likely in \u201clocal value addition\u201d.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.gadgets360.com\/mobiles\/news\/made-in-india-smartphone-shipments-2024-samsung-apple-oppo-vivo-counterpoint-report-7977182#rss-gadgets-news\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u2018Made in India&#8217; smartphone shipments grew 6 percent year-on-year (YoY) in 2024, according to claims by a market research firm. Samsung\u00a0and Vivo\u00a0dominated the market with the most market share. Meanwhile, the former, along with Apple, accounted for a combined 94 percent of the total smartphone exports from the country, benefitting from the government&#8217;s PLI (Production-Linked [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":263779,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/i.gadgets360cdn.com\/large\/iphone-16-plus-rear_1729450412788.jpg","fifu_image_alt":"","footnotes":""},"categories":[607],"tags":[828,45674,23594,273,181126,26430,824,203063,20146,7904,8939,2928,6300,29278,4021,3427,17142],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/263778"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=263778"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/263778\/revisions"}],"predecessor-version":[{"id":263780,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/263778\/revisions\/263780"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/263779"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=263778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=263778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=263778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}