Smartphones Under INR 10K Draining Camera Market
With in-built camera and other internet-enabled features, sales of smart phones in India are set to shoot up to 160 million in FY’ 17 from 100 million in FY’ 16 on the back of prices becoming affordable for a larger number of people, coupled with replacement of ordinary phones with the smart devices at a rapid pace, a study has pointed out. It has also higlighted smartphone segment under INR10,000 is expected to grow 44 per cent in 2016, constituting 70 per cent of the market. Consequent to the smart...