International Data Corporation (IDC) had predicted that the Indian smartphone market could hit low around 130 million handsets while the estimated number is 140 million. According to Counterpoint, market could make upto 137 million with earlier outlook as 142 million. Last year, India sold 154-158 million smartphones and beat US to become the second largest smartphone market Worldwide. This year, there will be a scope of demand only in festive season, otherwise the situation would be worst as it is today.
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