<\/figure> India\u2019s smartphone industry is set to see a 15-20% fall in the number of launches during the festive season, owing to shortage of components and delays in shipments. In fact, market trackers say the supply crunch has forced some brands to relaunch older models with new chipsets to meet strong demand during this make-or-break period.
\"We believe that the India smartphone market will witness fewer launches this festive season (September-November),\u201d said Prachir Singh, senior research analyst at Counterpoint Research. \u201cAccording to our latest estimates, 2021 festive season will see 55-60 new launches, which is 15-20% lower than last year.\"