'Affordable smartphones a Rs 2,800-cr biz'
Bullish on the sub-Rs 12,000 smartphone category, international brands as well as homegrown players are geared up to flood the domestic market with more affordable devices as they try to cash in on the Rs 2,800 crore opportunity in India. In the past week alone, brands like Motorola, Nokia and Intex launched their devices — Moto E, Lumia 630 and Aqua i5HD — all priced below Rs 12,000 ...
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