Memory crunch triggers 3-30% price hikes across India smartphones, laptops

DRAM prices nearly doubled YoY, forcing Rs 500-4,000 hikes per device. Budget and mid-range take hardest hit: 40+ models in Rs 20-30k band up 3-19%, laptops up 15-30%. Retailers brace for demand slowdown as consumers defer purchases; premium tier insulated.

— Source publishedMon, 1 Jun, 2026, 14:31 IST·First seen Mon, 1 Jun, 2026, 14:48 IST·Source Business Today · Latest

What happened

India consumer electronics · Rising DRAM/NAND memory costs and supply-chain disruptions are forcing smartphone and laptop price hikes in India, hitting budget

Key facts

  • 3%-28% hike Rs 10k-20k segment
  • Rs 500-Rs 4,000 per device
  • 40+ models Rs 20k-30k up 3%-19%
  • laptops up 15%-30%
  • DRAM prices nearly doubled YoY

Why this matters

Memory-supply leverage is the strategic chokepoint—evaluate component-sourcing JVs, captive DRAM partnerships, or M&A in local assembly to hedge against sustained 2x YoY memory inflation.