Dialling down: Middle East tensions raise alarm for India's smartphone shipments

India's smartphone market faces a grim outlook as the Middle East crisis impacts demand and supply. Analysts have slashed shipment forecasts for 2026, citing rising essential goods prices and component shortages. The conflict's ripple effects, including disrupted trade routes and potential helium supply issues, are expected to worsen the situation, particularly in the latter half of the year.

By TOI BUSINESS DESK