Indian Mobile Handset market revenue down by 5% in 2011-12

The revenue of the Indian Mobile handset market has gone down by 5 percent in 2011-12 according to a report published by CyberMedia’s Indian Telecom Industry. Revenue dropped from Rs 33,301 crore to Rs 31,215 crore a year back. Notably, except Karbonn and Lava, none of the local handset OEMs like Miramax And Spice have seen any growth, but has rather taken a down turn for the worst.
Nokia maintained its lead in the Indian market on the basis of its new dual-sim devices, holding 38 percent of the market, but on the whole it saw its market share shrink as Android based smartphones from Samsung and HTC cannibalized its smartphone market. Samsung notably showed a growth of 38 percent and it became the second largest phone vendor with 25.3 percent of market share. Head down below to check out the detailed chart.