Global e-commerce major Amazon expects further acceleration in its smartphones business in India that has been witnessing over 100 percent growth. Amazon, which is locked in an intense battle for market leadership with Flipkart in India, has so far seen 140 handset models being launched on its platform exclusively. Also Read - iPhone 11, iPhone XR up for grab with massive discount on Flipkart Big Saving Days saleAlso Read - Flipkart Big Saving Days sale begins: Pixel 4a, Realme X7, Samsung Galaxy F62, more on discount
“We have seen 100 percent growth in our smartphone business. This is driven by strong uptake of premium products and demand from tier II and III cities,” Amazon India Category Leader (Consumer Electronics) Arun Srinivasan told PTI. He added that in the coming two weeks, four handset brands are launching their handsets exclusively on Amazon’s platform. Srinivasan said while the overall smartphone category has grown 100 percent, sale of premium devices in tier I has jumped 310 percent, 460 percent in tier II and 600 percent in tier III cities. Also Read - Amazon School from Home store live in India: What's new
According to industry watchers, there were many brands that made their foray into India, and launched their offerings exclusively through Flipkart. These include the likes of Motorola and Xiaomi. However, Amazon has emerged as a strong competitor, and many brands now also looking at Amazon to introduce their devices. ALSO READ: Amazon Great Indian Sale to start on August 9: Here s a sneak peek into exclusive launches, smartphone deals, and more
“We have brands across clusters. There are the likes of OnePlus that continue to remain with us. There are players like Samsung that have a strong offline presence and have strengthened their online play selling through our platform,” he said. Srinivasan said Amazon is already gearing up for the festive season and ensuring the logistics operations run smoothly. It is also putting in place finance options and buyback offers to reach out to a larger base of customers.
“We believe there is a healthy opportunity for us to accelerate and there are no headwinds as of now. Overall, smartphones are among the top three selling categories and we are bullish on it for the long-term,” he added. ALSO READ: Flipkart Big Freedom Sale: Deals on Apple iPhone 7, Google Pixel, Apple Watch and more