Expansion● Neutral for Indian equities
Festive demand on easy finance: Samsung, Vivo, Xiaomi and others stretch EMIs to 30 months, bear interest costs
The brief
- Smartphone and electronics makers are extending EMI plans to as long as 30 months
- Manufacturers are bearing interest costs to cushion consumers from rising prices
- Longer EMIs may support handset demand, benefiting listed electronics retailers and distributors