Small, homebred wearables brands exiting market due to narrow margin, Chinese competition

Several Indian wearable brands, including Play, Wings, Vingajoy, and Riversong, have ceased operations due to declining demand and low profit margins. The once-booming smartwatch market has shrunk, with fewer brands and a drop in shipments, particularly among those selling unbranded products from China. This decline coincides with the resurgence of Chinese brands capitalizing on the market shift.
Read The Rest at :