GENERAL29 Sept 2026
Mobile phone price up 16% in India in first half of 2026, supplies to dip in double digits - CNBC TV18
Smartphone prices in India rose about 16% in the first half of 2026. Cheaper phones, those under ₹10,000, jumped nearly 32%, since memory chips now form a bigger part of their build cost. Overall supply is expected to fall by double digits. OnePlus may hold steadier because its price rise stays limited. If you are buying, compare models early and budget a little extra.
Key Statutory Highlights
- Mobile phone prices in India went up by about 16% in the first half of 2026.
- Phones priced below ₹10,000 saw the sharpest hikes, around 32% on average, because memory now makes up a much bigger share of their build cost.
- Counterpoint Research expects the overall smartphone market to decline in double digits, except OnePlus, due to a limited increase in price.
Actionable Advice for Taxpayers / Founders:If you or your business plans to buy phones soon, it may help to lock in your requirement early and confirm the current price with the seller, since rates and supply are both moving.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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