India Smartphone Shipments Fall 26% in Q3 2026, Hit 10-Year Low: Omdia

India’s smartphone market is facing growing pressure as rising prices and longer replacement cycles weigh on consumer demand. Smartphone shipments fell 26% year-on-year to 35.8 million units in the third quarter of 2026 (3Q26), marking the weakest third-quarter performance in a decade, according to Omdia.