Smartwatch shipments in India experience a significant decline, with industry experts citing increased competition from affordable alternatives. Meanwhile, tech companies continue to innovate, with new features like AI-powered sleep timers and improved air conditioning systems. Despite the challenges, Indian electric two-wheeler maker Ola Electric achieves a 20% surge on its public debut.

Source: https://techcrunch.com/2024/08/09/smartwatches-shipments-see-sharp-decline-in-india/