With 5.4 million shipments, Wristables market crosses over Rs 3,800 crore in India in CY 2020

Brands are increasingly expanding their Smart Watch portfolio, contributing 44.1% of the total Wristables shipment for the calendar year. Gurugram - Thursday March 25, 2021: As per the 1st edition of techARC’s India Wristables Market Report (part of techARC India Connected Consumer Market Scan Dashboard), 5.4 million Wristables (fitness bands and smart watches) were shipped for the calendar year 2020. This translated in Rs 3,837 crore (US $540 Mn) in terms of value. Talking about the key industry trend, Faisal Kawoosa, Founder & Chief Analyst, techARC said, “Wristables have become…