Indian Mobile Market Booms with Competition, Driving Economic Growth
The article explores the structure of the global mobile industry and the Indian market. It looks at how the mobile phone sector has grown in India, from a duopoly of Nokia and Samsung to a more competitive market with domestic and Chinese brands. The study predicts continued growth in the Indian market and highlights the importance of government regulations, infrastructure, and innovation to attract more foreign players and increase competition. The research shows that a highly competitive industry benefits consumers and drives growth in the mobile phone sector.