Low-cost smartphones are considered key in propagating the wider adoption of technology in India, with experts pegging Rs 3,000 as the inflection point.
India was among the few bright spots for Apple in its second quarter earnings, which saw its largest growing market China shrink – revenue fell by 11 per cent.
“We will launch three more 4G phones this year, including one with virtual reality, along with a VR headset manufactured by TCL, around Diwali, which will also have exclusive content.”
Intex Technologies and Zen Mobiles didn't respond to emailed queries, while Kalirona declined to comment on his move.
“The ecommerce business and market is reaching maturity of players. The next 6-9 months, it will be decided who the key contenders of the business are."
While the first batch of Mi Max smartphones will be imported from China, domestic production of the device will start around mid-July.
“The government should define the principles of net neutrality. Without defining net neutrality, decision making becomes very ad hoc,” Mathews said.
Duty differential regime on various components in mobile phone manufacturing for a pre-determined number of years has also been proposed by the Indian Cellular Association.
Local players want to create ecosystem of component vendors within the country to bring higher efficiency and economy of scale to their manufacturing plans.
Micromax is in talks with component makers for assembling display panels locally, while Intex is planning to begin assembling PCBs at its upcoming Noida plant.
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