Exclusive news and data that keep market professionals aheadWednesday, October 28, 2026
News
Photo
Video
Infographics
Archive
Download Center
Press Releases
New Delhi, Sep 9 (UNI) Mobile phone buyers in India are facing the steepest increase in handset pric
Published: 09/09/26 09:40
New Delhi | India
New Delhi, Sep 9 (UNI) Mobile phone buyers in India are facing the steepest increase in handset prices globally this year, as higher memory costs push manufacturers to raise prices across segments. Average smartphone retail prices in India have climbed 21 per cent so far in 2026 compared with last year, according to global research by Counterpoint Research. The increase is significantly higher than the 15 per cent rise recorded in average mobile phone prices globally during the same period. India has been particularly vulnerable to cost pressure because a large portion of its smartphone market is concentrated in the…