Sourabh Jain22 Feb 2023, 11:23
The truly wireless stereo (TWS) earbuds segment in India saw a huge boost in 2022, as the sales nearly doubled with an 85% growth in the year. The increased sales have been attributed to increased local manufacturing, affordable devices, and sales hosted by e-commerce giants. According to a report by Counterpoint Research, the shipments of TWS grew by 85% in 2022, and for the first time, Indian companies occupied the top five spots, led by Aman Gupta’s boAt.