Noise, India’s second-largest wearable brand, operates an R&D lab with about 50 engineers working on technologies such as 4G connectivity on smartwatches, payment solutions, better sensors and algorithms for tracking fitness metrics, SOS connectivity, along with smartwatches for children, which Khatri said, has the potential to grow as big as China where the segment commands 40% of the market.
IT Hardware: August imports exceeded 1.2 million units, up from 800,000 in July, due to increasing orders from enterprise customers as well as original equipment makers (OEMs) that want to ensure adequate stocks during the festive season and for corporate requirements, an expert said. An industry grouping pegged the import spike at 20-30%.
Smartphone Offers: "We have already kicked off the festive season with the Independence Day sale and this will continue with Dussehra, Durga Puja, Diwali, and other regional celebrations. With all of this coinciding with the crickWorld Cup in India during October and November, we anticipate that the prevailing positive sentiment will lead to a substantial increase in overall sales, and we are expecting our H2 performance to be significantly stronger compared to H1," said Muralikrishnan B, president, Xiaomi India.