The mobile market in India is flourishing because of massive increases in mobile subscribers, that are fueling more mobile handset production, says US research firm Gartner. The report adds that the subcontinent produced close to 31 million mobile phones in 2006, valued at around £2.5 billion.
India’s 2007 handset production is forecast to be the highest in the Asia-Pacific region at 68 per cent in terms of units and 65 per cent in terms of value, says Gartner. The research house expects mobile handset production to more than triple by 2011 to reach nearly 95 million. Read more.