In a swift move to calm speculation, OnePlus India on Wednesday categorically denied reports of ceasing operations in the world’s fastest-growing smartphone market. CEO Robin Liu’s public statement on X reinforced that all activities remain on track without disruption.
‘We’re addressing misinformation about OnePlus India. Operations are normal and set to continue,’ Liu wrote, stressing the need for verified information from authentic sources amid rampant online rumors.
The timing is crucial as Indian regulators intensify security vetting for device makers, compounded by cutthroat competition. OnePlus, launched independently in 2013 but intertwined with Oppo under BBK, thrives in the mid-premium niche.
Performance metrics are encouraging: 10.7% YoY growth propelled its market share to 4% in Q3 2025, trailing Samsung and Oppo. Nationally, shipments soared to 48 million units – a five-year peak with 4.3% growth, IDC data shows.
India’s export prowess shines through $79 billion in smartphone shipments (2021-2025), with 2025’s contribution highest. iPhones captured 75% share, exceeding $22 billion in value. The country now produces nearly all phones sold locally, ranking second globally.
Backing this is policy momentum. Minister Vaishnaw predicts export surges from semiconductor incentives. As PLI incentives phase out by March 2026, extension talks are underway. OnePlus’s firm denial not only stabilizes investor sentiment but highlights India’s enduring appeal for tech giants.