ReferIndia News Competition heats up in India’s smartphone manufacturing sector as PLI winds down

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Competition heats up in India’s smartphone manufacturing sector as PLI winds down

Published on: May 26, 2026, 12:15 a.m. | Source: The Economic Times

India's Android smartphone manufacturing is heating up. As a key government scheme concludes, companies are competing fiercely on price. Brands are now spreading their orders across more manufacturers. This shift is impacting major players, with mid-tier rivals gaining ground. Companies are actively seeking new business to drive growth in a market facing stagnant volumes.

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