In a press statement, Counterpoint’s associate director, Tarun Pathak, argued that the smartphone market in India still has room for substantial growth in the foreseeable future. According to him:“India is underpenetrated relative to many other markets … Going forward, we expect … demand to grow further due to the ongoing transition from feature phones to smartphones and progressive diffusion of key smartphone features to the entry-level price tier as a result of hyper-competition among multiple players”.
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