Try GOLD - Free
1 in 5 Smartphones Sold in India is Refurbished
Business Standard
|April 22, 2025
India's secondary smartphone market—dominated by refurbished and used phones—has quietly grabbed a fifth of the country's overall smartphone sales in 2024, according to data from Counterpoint Research.
India's secondary smartphone market—dominated by refurbished and used phones—has quietly grabbed a fifth of the country's overall smartphone sales in 2024, according to data from Counterpoint Research. The preference change has become clearer after the pandemic, with the share of secondary phones (refurbished and new combined) climbing from 12 percent in 2021 to 14 percent in 2022, touching 17-18 percent in 2023, and now hitting over 19 percent in 2024.
This story is from the April 22, 2025 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
Committed expenditure of states on rise: Report
Threatens ability to fund crucial development programmes
2 mins
November 06, 2025
Business Standard
Cement, chemicals drive Grasim net profit up 76%
Building boost
1 mins
November 06, 2025
Business Standard
Paytm bets on AI-led revenue growth, cost-efficiency
After helping rein in costs, Paytm’s artificial intelligence (AD)-led product focus is expected to further drive revenue growth, founder and chief executive officer (CEO) Vijay Shekhar Sharma said on Wednesday.
1 mins
November 06, 2025
Business Standard
Rakshit Hargave appointed CEO of Britannia Industries
Biscuit major Britannia Industries has appointed Rakshit Hargave (pictured) as the chief executive officer and executive director of the company for a period of five years, the food major said in a stock exchange filing.
1 min
November 06, 2025
Business Standard
Microsoft to offer in-country data processing for Copilot
Software and services conglomerate Microsoft announced on Wednesday that it would start offering the option of in-country data processing for Indian customers in Microsoft 365 Copilot interactions by the end of 2025.
1 min
November 06, 2025
Business Standard
FATF lauds India’s asset recovery framework
The Financial Action Task Force (FATF) has praised India's asset recovery framework, describing the Enforcement Directorate (ED) as a “model agency” for its efficiency and coordination in tracing and confiscating criminal proceeds.
2 mins
November 06, 2025
Business Standard
India always protects interests of vulnerable sectors in FTAs: Goyal
Says significant progress in trade deal talks with New Zealand
1 mins
November 06, 2025
Business Standard
Switch to e-motors to cut costs: PNGRB to GAIL
India’s gas regulator has asked GAIL — the country’s largest gas distributor — to phase out gas turbines used in pipeline compressors and switch to electric motors to bring down costs.
2 mins
November 06, 2025
Business Standard
Britannia profit up 23% to ₹654 crore
Steady servings
2 mins
November 06, 2025
Business Standard
India’s development a model for Global South: Minister
India’s development trajectory offers an emulative development model for the Global South as the country stands ready to share its best practices and strengthen global partnerships, in a bid to alleviate poverty, provide full employment, decent working conditions and social inclusion said Union Labour
1 min
November 06, 2025
Listen
Translate
Change font size