Xiaomi bets on premium phones, connected homes as India’s smartphone market flattens
The Indian smartphone industry has slightly de-grown in the first half of calendar 2026. For the second half of 2026, Xiaomi expects the market to remain broadly flat or potentially decline. Also, rising memory and storage costs still remain a pressure point for handset makers
· 8/15/2026, 3:04:38 PM· 2 min read
The Indian smartphone industry has slightly de-grown in the first half of calendar 2026. For the second half of 2026, Xiaomi expects the market to remain broadly flat or potentially decline. Also, rising memory and storage costs still remain a pressure point for handset makers
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