Driven by the 2G spectrum revolution, mobile call rates became affordable even for the poorer sections of people. Following this, mobile phones have become a must now, as from getting LPG subsidy to booking appointments in a hospital, everything has become OTP (One Time Password) based.
Moreover, Covid-19-induced work from home (WFH) and online classes have made even smartphones an essential object.
“Deeper penetration of the internet and the government’s initiatives to digitise the economy have resulted in increased smartphone usage. The shipments grew 23 per cent YoY and stood at 38 million units in Q1 2021. The sale is further expected to grow leaps and bounds by the end of the year. With the increasing demand, the contribution of
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