Diwali festive electronics sales may offer fewer discounts, says report
According to Counterpoint Research, shoppers in India might find fewer cash discounts on electronic goods during the Diwali and Christmas festive period. Smartphone sales are projected to drop by 9-10% compared to last year, driven by rising costs linked to a worldwide memory chip scarcity and soft consumer demand. However, shoppers can still expect to find exchange deals, financing options, and bundled packages.