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The demand for made in India products, particularly in the realm of smart wearables, is substantial. Our ongoing efforts to create and manufacture innovative designs tailored for Indian consumers are yielding positive results. We anticipate sustaining this momentum in the upcoming quarters as well," said Arnav Kishore, co-founder at Fire-Boltt.
Fire-Boltt, a homegrown smart wearable brand, has maintained its top spot in the Indian smartwatch market with 23.6% market share in Q3 2023, according to the latest IDC report. The brand recorded 27% YoY growth and noted that made-in India products continue to attract significant demand from non-metros consumers.
According to the 360 ONE Wealth Hurun India Rich List 2023, Mukesh Ambani has regained his position as the richest person in India, surpassing Gautam Adani. Radhakishan Damani and his family have lost their spot in the top ten, while Cyrus Poonawalla, Shiv Nadar, and others have retained their positions. Gauri Shankar Agarwala, Mahabir Prasad Jalan, and others were the biggest gainers in terms of wealth.
Homegrown smart wearables brand Fire-Boltt on Monday announced that it has forayed into the Indonesian market as a part of its expansion strategy in the Southeast Asia (SeA) region."The brand made this move within a few months of venturing ...
How Anil Jagasia-backed Savex Technologies is helping wearables brand Fire-Boltt master the retail game