More Players Venture Into Indian Handset Sector
The highly-divided Indian mobile handset market is getting more players. Most of them are Chinese and they are targeting the market left by grey market-sold, Non IMEI handsets, banned by Indian Govt. due to security concerns. The last deadline for banning such handsets is scheduled at Decemeber 1, 2009. Worth Rs 26,000 crore, the Indian mobile handset market is mainly dominated by branded phones from Finland-headquatered Nokia (more than 50%),... Read More
