city New Delhi India guidelines Government city New Delhi India

As India unlocks, electronics makers see strong revival in demand

Reading now: 635
www.livemint.com

NEW DELHI : With the government allowing several relaxations in the last two phases of the lockdown including sale of non-essentials on ecommerce platforms, consumer electronics companies in India have seen sharp recovery in demand and are hopeful that the trend will continue in the coming quarters.“As sales are slowly resuming, we see the demand getting back to routine and if the situation stays under control, we expect the business to bounce back during Q3 and Q4 this year," a Xiaomi spokesperson said.The spokesperson added that the company is expecting a “strong festive season shopping season later this year" which should help the company reach pre-covid levels soon. “As per industry predictions, the smartphone market in India may.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA