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Exclusive: Indian manufactured mobile phone shipment grew by 7 per cent in Q1 of 2022

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Indian manufactured mobile phone shipment grew by 7 per cent in Q1 of 2022

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As per a report by market research firm Counterpoint Research shipments of smartphones that have been manufactured in India crossed 48 million units in the first quarter of this year.

Indian manufactured mobile phone shipment grew by 7 per cent in Q1 of 2022

The report states that shipments of devices made in the country grew by 7 per cent year-on-year (YOY) during the quarter, while manufacturing of feature phones declined by 41 per cent YOY.

The report states that the growth of phones made in India can be attributed to the increasing demand for smartphones in the country, as well as an increase in exports. In 2021, Indian manufacturers, shipped over 190 million units, and this year, they are likely to cross the number, comfortably.

“In the smartphone segment, the third-party electronic manufacturing services (EMS) providers captured 42 per cent share in local manufacturing, registering 4 per cent YoY growth in terms of shipments,” the report stated.

Of all the EMS providers in the country, the Indian arm of Taiwanese manufacturers Foxconn, Bharat FIH, was at the top in the first quarter of 2022. Homegrown Dixon Technologies followed Bharat FIH in the smartphone manufacturing segment, though Lava made the most feature phones, and had a 21 per cent market share.  

If we consider brands, China’s Oppo shipped the most number of made-in-India smartphones during the quarter, followed by Samsung. The two smartphone makers had 22 per cent and 21 per cent market share, respectively, in the overall number of made-in-India smartphones shipped.

The mobile phone manufacturing industry in India has been spurred over the past two years after the Indian government introduced a production-linked incentive (PLI) scheme for manufacturers. Under this, the government gives manufacturing firms 4-6 per cent cash incentives for incremental sales of goods manufactured in India over the base year of 2019-20. 

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While the scheme was introduced in 2020, most PLI applicants failed to meet the targets last year, following widespread supply chain shortages, pandemic-driven lockdowns and other constraints. The government, in turn, chose to extend the scheme’s tenure to 2025-26, as opposed to the earlier 2024-25 end date.

“Going forward, we believe India’s handset manufacturing will grow 4 per cent YoY in 2022,” Counterpoint said in its report. Industry estimates say that India currently has the capacity to produce somewhere between 300 to 350 million mobile phones every year, including both smartphones and feature phones.


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Exclusive: Now you can watch Paramount Plus and Showtime in a single app – TalkOfNews.com

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Now you can watch Paramount Plus and Showtime in a single app

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You can now access the content packed into Paramount Plus and Showtime from a single app. First bundled as a subscription last September, Paramount and Showtime’s catalogs have been separated between two apps for viewers in the US, but viewers can now access the full roster of TV shows and films from the Paramount Plus app.

For new subscribers, the Paramount Plus and Showtime bundle is available at a discounted rate until October 2nd, at $7.99 per month for the Essential plan (which includes ad breaks) with Showtime and $12.99 per month for the Premium plan with Showtime that adds more sports, live broadcasts of your local CBS station, and downloads for offline viewing on mobile, and mostly removes ads, except on live TV and certain shows. After October 2nd, the regular pricing resumes with the combined Essential tier at $11.99 per month and the Premium plan for $14.99 monthly.

Paramount Plus as a standalone service will continue to be available on two subscription tiers without Showtime: the ad-supported Essential plan ($4.99 per month) and the ad-free Premium tier ($9.99 per month).

“This singular user experience streamlines sign-up and enhances discovery, and this lower price will allow more households to enjoy with exceptional entertainment offering,” Paramount Global Streaming president Tom Ryan said in a press release announcing the new service.

iPhone screen showing the paramount plus app highlighting the showtime series your honor

Paramount Plus and Showtime were previously bundled in two apps under one price.
Image: Paramount
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In case you haven’t been streaming Star Trek and Halo TV shows for the past few years, here’s the rundown on what these apps are. Paramount Plus is the rebranded version of CBS All Access. Its parent company, ViacomCBS, rebranded to Paramount earlier this year to further focus its attention on streaming. In May, Paramount Plus reported that its subscriber count grew to almost 40 million during its first quarter, and in June, Paramount Plus said it planned “to commission” 150 international original series, adding more to its current roster.

Laptop screen with Paramount Plus on the screen highlighting the Showtime series Billions

The service will be available at a lower price until October 2nd.
Image: Paramount

In mid-August, the streaming service partnered with Walmart to bundle its service with Walmart Plus, and it has been included in other packages like this one with T-Mobile’s wireless service. These bundles don’t cost quite as much as cable once did, but pulling the offerings closer together is similar to Disney’s approach with the combination of Disney Plus, Hulu, and ESPN Plus, while HBO Max will be absorbed into a new combo app with Discovery Plus in 2023. Netflix, meanwhile, is going it alone but has plans to roll out an ad-supported streaming package, and has started to offer games as an added feature for your subscription fee.

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