The primary challenges include the absence of a robust local supply chain, scarcity and high cost of skilled labor, steep fixed costs associated with setting up manufacturing facilities, susceptibility to fluctuations in foreign exchange rates, and the rapid evolution of mobile phone technology.
Some of the leading players are Samsung Electronics Co. Ltd., Xiaomi Corporation, Lenovo Group Ltd., Micromax Informatics Limited, Oppo Guangdong Mobile Communications Co. Ltd., Vivo Mobile Communications Co. Ltd., Lava International Limited, Karbonn Mobiles, and Intex Technologies.
Mobile phones are classified into Smartphones, Feature Phones, and Other Phones. Mobile components are categorized as Main Board and Sensor Flex, Display/Touchscreen, Camera (Primary/Secondary), Battery Pack and others.
Geographically, Uttar Pradesh holds the lead in the Indian mobile components manufacturing and assembly market due to its improved industrial framework and access to the consumer markets of the National Capital Region.