19 Jul 2024
The Chinese mobile maker Xiaomi regained the top spot after six quarters when its shipments grew by 24% annually.
Fuelled by high demand, Chinese mobile phones are flooding the Indian market and securing top spots. In the first quarter of FY2025, Xiaomi and Vivo held the first and second positions, each with an 18% market share, followed by the Korean brand Samsung, with a 17% share. More Chinese brands, Realme and Oppo, rank fourth and fifth in India with a 12% and an 11% share.
The overall market share of Chinese smartphone brands in India spiked to over 75% from 61% in the July-September quarter last year.
The June 2024 quarter saw a 1% increase in mobile shipments, with 36.4 million unit sales. The market research firm Canalys says demand for mobile phones dropped in the July-September quarter due to elections, an extreme heatwave across the country, and low seasonal demand.
Xiaomi India has been undergoing trial by the Enforcement Directorate (ED) for its third-party payments since 2014.