Demonetization Triggers Drop in Smart Phone Sales
Wednesday, January 25, 2017, 6:36 PM
Indian vendors have been badly hit due to demonetization. Because of demonetization and the cash crunch, smart phone sales have fallen by a whopping 30.5%. Indian vendors suffered more due to demonetization when compared to Chinese players. The slowdown was seen across all cities. There has been a huge drop in enquiries and footfalls at retail stores.