
India's smartphone shipments jump 22% in Q2 after two quarters of decline: Canalys
(You can now subscribe to our
(You can now subscribe to our Economic Times WhatsApp channel
The Indian smartphone market rebounded in the seasonally weak April–June quarter after two successive quarters of decline, growing by nearly 22% sequentially and 7% year-on-year, driven by increased launches of new models from smartphone brands. Smartphone shipments grew from 32 million in Q1 FY25 to 39 million in Q2 FY25, as channels were more willing to accept fresh inventory ahead of the festive season, according to data from research firm Canalys , available exclusively with ET."Despite Q2 being a seasonally slow quarter with climate disruptions, limited retail footfall, and geopolitical tensions, the market still grew," said Sanyam Chaurasia, analyst at Canalys.Vivo and Oppo were the top brands contributing to the overall growth. The Chinese brands clocked double-digit growth, on the back of new affordable handsets pushed through online channels and new retail partnerships, Canalys said.Meanwhile, Samsung's shipments remained flat, while Xiaomi saw another quarter of decline in its shipments, according to Canalys data.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
27 minutes ago
- Time of India
Tesla Model Y bookings open in India for Rs 22,220; here's all you need to know
Tesla has finally arrived in India and has officially opened online reservations for its highly anticipated Model Y SUV in the country. Tesla fans and car enthusiasts who have been waiting for a long time can now book the Model Y. The electric luxury SUV is now available for booking across India at just Rs 22220. Let's explore its price, available variants, key features, and the steps to reserve one. Tesla's entry into India gets a boost After years of speculations and anticipations, Tesla is finally taking concrete steps to enter the Indian market. The Model Y is a sleek, all-electric compact SUV known for its impressive range, cutting-edge technology, and stellar performance. The base price of the car is Rs 59.89 lakh (ex-showroom), which is a premium choice among EV customers. Along with this, there are two variants of it in India right now: Rear Wheel Drive (RWD) Long Range RWD Why is Model Y a game-changer for India? Range and performance: The Model Y offers an impressive WLTP driving range of 500 km on a full charge, perfect for India's urban and semi-urban commuting needs. It also accelerates from 0 to 100 km per hour in as little as 5.9 seconds (in Performance variants). The Long Range RWD goes an extra mile with a range of 622 km and accelerates from 0 to 100 km/h in 5.6 seconds. As well as its top speed is 201 km/h, further making it premium-oriented. Cutting-edge technology: Tesla's renowned Autopilot system, minimalist interior design, and large touchscreen infotainment system redefine the driving experience. Sustainability: With rising environmental concerns and the government's push for electric mobility, the Model Y aligns best with India's green vision. According to Times Bull, customers can avail of this self-driving technology for an extra cost of Rs 6 lakh. New Model Y is gorgeous Tesla's priority delivery locations Currently, Tesla has announced that the deliveries will start in Phase 1 with priority cities including Mumbai, Pune, Delhi, and Gurugram. The other cities will receive deliveries in the second phase. Ways to book the Model Y in India As the online bookings are now live on Tesla's official website. Byers must complete payment in two steps: First, they need to reserve the car with a non-refundable Rs 22,220. Second, a non-refundable Rs 300,000 within seven days. Both prices include TCS (Tax Collected at Source). Note: Please note that the booking amount is non-refundable in case of cancellation. FAQs Q. Will Tesla begin right-hand drive manufacturing in India? Currently, the Model Y of Tesla cars is imported from Germany and Shanghai; there are no local manufacturing plans confirmed yet. Q. What's the deal with full self-driving (FSD) in India? FSD is offered as an optional Rs 6 lakh upgrade, but several advanced features, such as auto lane change, still await regulatory approval.
&w=3840&q=100)

Business Standard
27 minutes ago
- Business Standard
India needs another FTA - Fugitive Transfer Agreement from UK: Cong
The Congress on Thursday took a swipe at the Modi government ahead of the signing of the India-UK free trade agreement, saying what India needs from that country is the announcement of another and more effective FTA - Fugitive Transfer Agreement. Congress general secretary in-charge communications Jairam Ramesh said, "three stars of the Modi Model of bhagodanomics are still waiting for their ghar wapsi -? Vijay Mallya, Nirav Modi, and Lalit may well be others too." "The India-UK FTA (Free Trade Agreement) will be signed today in London in the presence of Prime Minister Modi. What India needs from the UK is the announcement of another and more effective FTA (Fugitive Transfer Agreement)," Ramesh said on X. The India-UK FTA, billed as the UK's most economically significant bilateral trade deal since leaving the European Union, will be signed in the presence of Prime Minister Narendra Modi and his British counterpart Keir Starmer. The two prime ministers will also unveil an "UK-India Vision 2035" to take their partnership to new heights in a time of rapid global change. With the India-UK FTA to be signed during Prime Minister Modi's visit to Britain, the Congress on Wednesday had claimed that serious questions have emerged on its impact on India's domestic industry. In May, India and the UK sealed the FTA that is expected to benefit 99 per cent of Indian exports from tariffs and will make it easier for British firms to export whisky, cars and other products to India besides boosting the overall trade basket. The trade deal, firmed up after three years of negotiations, is expected to ensure comprehensive market access for Indian goods across all sectors and India will gain from tariff elimination on about 99 per cent of tariff lines (product categories) covering almost 100 per cent of the trade values, according to officials. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
&w=3840&q=100)

Business Standard
27 minutes ago
- Business Standard
Now book Eiffel Tower, Desert Safari & more in INR-right from MakeMyTrip"
Planning a global holiday just got a lot simpler—and smarter—for Indian travellers. MakeMyTrip, India's leading online travel platform, has officially stepped into the global experiences space with the launch of its Tours and Attractions Booking Platform. This new addition gives Indian users access to over 200,000 bookable experiences across 1,100 cities in 130 countries, from cultural city walks to adrenaline-packed adventures. According to Rajesh Magow, Co-founder and Group CEO of MakeMyTrip, the rationale behind this move is deeply consumer-centric: 'Experiences account for a significant share of spending when Indians travel overseas, yet discovering and booking them remains one of the most fragmented aspects of the journey.' And he's not wrong. From entrance tickets and local guides to adventure activities, the cost of in-destination experiences often surprises even the most budget-savvy travellers. Add to that the confusion of currency conversion, last-minute availability issues, and unfamiliar platforms—and you've got a planning nightmare. " The Tours and Attractions booking platform addresses a key traveller insight: Indian outbound tourists often struggle with scattered information, foreign currency pricing, and disjointed planning tools when booking experiences. By bringing everything together in one seamless interface, MakeMyTrip aims to remove friction and bring clarity to global experience planning," the company said in a statement. What This Means for Your Travel Budget Whether you're a solo explorer, a honeymooner, or a family planner, having one platform to browse, compare, and pre-book global experiences in Indian rupees (INR) means: No hidden foreign exchange charges Better pre-trip budgeting and planning Lower chances of overpriced last-minute bookings abroad Peace of mind with 24/7 support across time zones For travellers who use a dedicated 'vacation fund' or plan annual trips abroad, this tool allows better control over how much they'll spend on non-flight and non-hotel expenses—an often-overlooked category in personal travel budgeting. The platform integrates bookings directly into MakeMyTrip's 'MyTrips' dashboard, offering a unified travel planning experience. Now, your Eiffel Tower ticket, Dubai desert safari pass, or Tokyo sumo experience can sit right next to your flight and hotel confirmation—all in one interface. In a world where experience-based travel is on the rise, this could help users avoid scattered platforms and shady providers, ensuring more value for every rupee spent. Here's a pro tip: Use the "Global Experiences" feature to lock in key activities in INR before departure. This shields your travel budget from currency fluctuations, tourist markups, and impulse overspending at your destination. What you can book: