Canalys, a market research group, forecasts 90-95 million shipments between July and December, up from 85 million units in the same period last year.
Almost 60-70% of the components used in electronic goods manufactured in India are sourced from China.
Consumer electronics and smartphone seller Croma saw a 5% jump in its total income along with a drop of 1% in its net losses for the FY 2020-21