Globally, the smartphone market is in turmoil. Smartphone shipments worldwide have dropped for seven consecutive quarters now, and there’s little evidence that a rebound is in sight. India, however, has been something of an anomaly. Not only has it remained a rare bright spot—the second quarter of 2019 saw record smartphone shipments—but it’s seeing growth in the unlikeliest of areas: the premium segment.

India’s premium smartphone segment—devices priced above Rs 30,000—grew 33% in the second quarter of 2019, according to smartphone market research firm Counterpoint Research. This is unusual not just because of the global smartphone or even general economic slowdown, but because India is a country that unabashedly prefers budget offerings—smartphones priced between Rs 5,000-15,000.