India’s Smartphone Market Hit by Rising Device Costs

Rising costs, weak rupee and global supply strains are reshaping India’s smartphone market, leaving buyers to absorb hikes of up to 20% across all segments.

Indian consumers are facing higher smartphone costs in 2026, as global supply chain constraints, rising component prices linked to AI demand, and a weakening rupee push device prices upward.

According to several reports, major brands including Samsung, OPPO, vivo, Xiaomi, realme, and Motorola have raised prices across entry-level, mid-range, and flagship models, with increases ranging from ₹500 to ₹15,000 depending on the segment.

Budget devices have seen notable adjustments. Oppo lifted prices on several A‑series and K‑series models by ₹2000, while vivo raised its T4 Lite and T4x handsets by ₹500. Samsung’s Galaxy A17 rose by ₹500, with the company also removing the in‑box charger valued at around ₹1000.

Motorola’s G35 5G climbed from ₹9999 in December 2025 to ₹11,999 in April 2026, while Realme’s P3 Lite 5G crossed the ₹12,999 mark.

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Premium devices have seen sharper hikes. Samsung’s Galaxy S26 Ultra increased by Rs. 10,000 compared with its predecessor, while the standard variant rose ₹6000. OnePlus launched the OnePlus 15 at ₹72,999, higher than the OnePlus 14, and iQoo priced its 15 model at ₹72,999, up from ₹59,999 for the iQoo 13.

realme’s GT 8 Pro debuted at ₹72,999, about ₹15,000 more than the GT 7 Pro.

Industry data shows the impact on sales. India’s smartphone market recorded a 9% year-on-year decline in the first nine weeks of 2026, according to Counterpoint Research, with average prices increasing by ₹1500 across key models.

IDC forecasts global smartphone shipments will fall 12.9% to 1.12 billion units this year, while Counterpoint projects a 10% contraction in India.

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Shubha Mitra
Shubha Mitra
Shubha Mitra is an Assistant Editor at EFY, keenly interested in policies and developments shaping the electronics business.

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