New Delhi, Oct. 10 -- Global smartphone manufacturers view India as an essential, high-growth market that continues to sustain demand despite escalating prices of core components like memory and storage.

Speaking to ANI on the sidelines of the Qualcomm event at the 10th edition of the India Mobile Congress (IMC) 2026 at Yashobhoomi, leaders from Xiaomi, Motorola, and iQOO underscored that Indian consumers are maturing rapidly, shifting preference toward advanced processing platforms and experience-led devices.

Gautam Batra, Associate Director - Product Marketing at Xiaomi, noted that consumer appetite remains resilient even as raw material expenses drive retail price adjustments across the industry.

"I think the prices are going up for...