INDIA, 10 May 2023 According to the International Data Corporations (IDC) India Monthly Wearable Device Tracker, 25.1 million wearable units were shipped in India in 1Q23, recording strong growth of 80.9% YoY (YoY). other), but remained stable quarter-over-quarter (quarter-over-quarter). ) after a solid 4T22. The share of connected watches rose to 41.4% from 26.8% a year ago. The headphone category also saw strong growth of 48.5% year-over-year. Improved supplies, reduced inventory, several new launches and faster portfolio refresh are the main reasons for this healthy growth. Additionally, a long tail of several smaller India-based players (collectively holding >15% share) further intensifies competition and lowers overall ASPs to $22.7 (from $29.5…