New Delhi: Smartphone brands are bullish about demand revival, paced by Budget tax reliefs that should prompt middle-income consumers to buy more gadgets.
Market experts said shipments, particularly in the entry-level segment, could rise by as much as 3%.
\u201cMultiple drivers, including income tax relief for the middle class and the recently announced Rs 10 lakh-crore government capex allocation will spur growth in consumption demand and industrial growth across sectors,\u201d said Muralikrishnan B, president, Xiaomi India<\/a>.