COVID-19 Second Wave To Test Resilience of India's Growing Smartphone Market

As India battles a more virulent second wave of COVID-19,
lockdown-like restrictions have been imposed across several
states. This has impacted several businesses and industries,
including the country’s smartphone market, which had registered
record growth in Q1 2021 due to pent-up demand. With the
restrictions on, the smartphone growth story has not continued in
Q2 2021 as smartphones are not considered an essential
category. 


The number of COVID-19 cases has come down from its peak in the
last two weeks of May, bringing some respite. But how much of an
impact has the second wave created on India’s smartphone sales
and manufacturing? There is also a looming uncertainty around a
possible third wave in the next few months that could lead to
another demand and supply disruption. 


In the latest episode of ‘The Counterpoint Podcast’, host Peter
Richardson is joined by Research Director Tarun Pathak and Senior
Analyst Prachir Singh. They discuss the current scenario in the
Indian smartphone market, the global chip shortage, and how
manufacturing capacity and inventory have been affected. The
imbalance also raises questions about the forecast and outlook
for 2021, where Prachir and Tarun have covered different
scenarios and use cases that could guide the market this
year.

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