Second hand market for phone getting much bigger in India.
The Indian smartphone market, with over 1.17 billion mobile phone users, is one of the biggest market for mobile producing company.According to the research the market for refurbished mobile phones would rise by over 27 per cent over 2019 and 2020 .Right now, companies like Amazon, flipkart,Shopclues, Cashsecond and many other online sites are dominating the second hand and refurbished market in India. These online companies have heavy discount and offers on used mobile phones which make them an easy buy for the people looking for smart phones of best company in India at cheaper prices.
Experts says steady upgrade in smartphone models of newer versions have also given rise to the demand of second-hand or refurbished smartphones.Many people,who are first-time smartphone buyers are choosing used phones due to easy affordability. Experts suggests the growing used mobile phone industry can be a asset if the government encourages it to set up operations under the Make in India initiative.
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