It's a known fact that India is one of the fastest going mobile phone markets in the world. The growth in the sales of mobile handsets too has been consistent over the past few yeas and has reached an all time high in the last quarter.
According to advisory firm IDC, 38.63 million mobile handsets were sold during the period of April-June 2010. This is a growth of over 6.3 percent quarter on quarter.
As expected, most of India's sales come from low-end, high volume handsets. While Nokia and Samsung still hold on to the No.1 and No.2 positions, according the report, Chinese manufacturer G'Five is at number 3 - garnering 7.3 percent of the market share. Nokia and Samsung hold 36.3 percent and 8.2 percent respectively. Micromax Mobiles and Spice Mobiles are at the 4th and the 5th spot respectively. What has come as a surprise to us is the growth of small players like G'Five and who are now right at the heels of far bigger players like Samsung and Nokia. Other erstwhile biggies like Motorola, LG and Sony Ericsson, who used to prominently feature in the top five list of the yesteryears, are no longer up there.
The report also adds that multi SIM handsets are getting popular by the day in India. In fact, sales of dual SIM handsets have increased from accounting for less than 1 percent in 2009 to garnering over 38.5 percent in a span of just one year!
We wonder what took Nokia so long to introduce its dual SIM handsets in India. They are obviously late to the party with arch rival Samsung already having a plethora of dual SIM options. Going by the rate at which these small players are advancing, who knows if you see Micromax, G'Five or Spice ending up as the top phone makers in the country in the years to come.
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