Weakening rupee may result in price rise of mobile phones in India

Mobile phones in the country may come at an increased price in near future as manufacturers consider reviewing the situation arising out of the Indian rupee falling consistently over the last few days against the US dollar.

Handset manufacturers say that they will have to increase the prices for sure in case the Rupee-Dollar difference nears the Rs 50 mark.

Analysts say the expected price rise may be in the region of 5-10 percent. This is in contrast to usual trend of mobile phone prices declining by 4-5 percent.