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Amid lockdown, India's smartphone market grew 4% in Q1: Report

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With the impact of covid-19 starting to feel late in the first quarter, smartphone shipments in India also began to dwindle, leading to a modest 4% year-on-year (YoY) growth in Q1 2020.

A total of 31 million units were shipped in first quarter, says Counterpoint’s Market Monitor, published April 24. In comparison, India smartphone market grew 7% YoY in Q4 2019.

Due to the nationwide lockdown which was first imposed in last week of March and later extended till May 3, the market is set to see further decline.

It will only recover in third quarter, resulting in an estimated 10% decline in overall smartphone shipments in India in CY2020, the report states. “With social distancing norms, factories will be running at lower capacities even after

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