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Smartphone Shipments: Samsung takes the top smartphone brand, Xiaomi slips to third in India, ET Retail

Indias smartphone shipments dropped by 6% YoY in Q2 2023, per a report from CyberMedia Research. However, affordable phones priced under INR 7,000 ($93) grew 51% YoY, and premium smartphones recorded shipments growth of 9% YoY, with super-premium and uber-premium devices growing by 95% and 133% YoY, respectively.
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Govt defers implementation of restrictions on imports of laptops, PCs and tablets to Nov 1, ET Retail

Indias Directorate General of Foreign Trade (DGFT) has announced that from November 1, 2023, it will restrict the import of laptops, computers, and their components without a license. After this set date, these electronics can only be imported with a valid license meant for restricted imports. Indias electronics imports, including laptops and personal computers, accounted for $19.7 billion between April and June 2023.
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