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India is currently the world’s second largest market for mobile phones. The country’s mobile phone production more than doubled in FY22 (by value) to make India the second-largest manufacturer globally. As a result of the Production Linked Incentive (PLI) scheme, India is currently one of the fastest-growing mobile phone manufacturers in the world & the outlook for next five years remains very positive. The segment that will almost certainly piggyback off this smartphone boom is Mobile Accessories. Owing to substantial growth in the adoption of smartphones and tablets, India’s mobile phone accessories market estimated to be in excess of US$ 2 billion in 2021, and is expected to grow at a CAGR of 11.2 % between 2021-2028. With a strong focus on Mobile Devices, Accessories & Lifestyle Gadgets, Mobile India expo has become an unparalleled buyer-seller platform that offers a valuable opportunity to brand owners, manufacturers, OEMs / ODMs, importers and exporters to network with corporate buyers, distributors, wholesalers, stockists, department |
