July 28th, 2008Indian Companies to take on Chinese mobiles
Indian companies like Videocon, Usha Lexus and Reliance Communications among others are ready to take on the unbranded Chinese mobiles which flood the Indian markets.
India, is the second largest market for mobile phones next only to China. There are about 6 million GSM phones sold every month in India and it is expected to double by the year 2012. Only about 62 million users out of a total of 300 million users of mobile phones are from the rural areas.
There is an immense growth potential in the rural areas as well as Class B and Class C cities and towns. Indian Companies have realised this potential and they are all set to take on not only the Chinese mobiles which flood these markets but also the MNCs.
Indian companies are now buying mobile phones in bulk from countries like China, Hong Kong and Taiwan. They put the stamp of their company and offer it to the subscribers with warranties and after-sales services, which are not provided to the customers when they go in for the unbranded Chinese mobiles. Read the rest of this entry »
