Does the recent demonetization and promoting digital transaction by Indian Government lead to higher smartphone sales in India?

Question

Recently more consumers have been switching to mobile digital transaction since the Government’s demonetization announced, that would have been definitely boost the smartphone sales. Is there any recent sales data released by Smartphone sellers in India indicating the increase in sale?

Answer 1

yes..recent demonetization and digital promotion in India will increase the sale of Smartphones. Because, the people need not carry cash or needn't have money to buy smartphone. They can buy even credit cards by which they can pay in future installment. These factor also will increase the smartphone sales.