MICROMAX SALES
Smartphone market down just 4% in 2020 on higher demand in second half of the yearXiaomi recaptured the number one spot with 26% share in the October-December quarter, followed by Samsung’s 20%, Vivo’s 15%, Realme’s 11% ...
- Handset makers want a 2-3 month extension on PLI targets amid supply crunch, pandemic
In early October approved the government cleared 10 companies to avail of benefits under the production-linked incentive or PLI scheme – fi...
- Handset makers may hire around 50,000 people by March 2021, driven by PLI scheme
Recruiters say the blue collared workforce returning to the cities and the push for diversity, has mobile makers set up hiring mandates wit...
- Micromax sees 10% sales volume coming from own digital platform by fiscal-end
"The intent is to drive at least 10 per cent of the overall volumes from this platform by the end this financial year," Micromax co-founder...
- Sahasra to invest ₹350 cr over 4 Years
The company is aiming to scale up to 100 million IC units annually, Manwani said, and is in dialogue with major handset manufacturers inclu...
- Flipkart, Amazon likely to sell 1.5 crore smartphones in festive sales this year: Report
"The total estimated sales of smartphones for the year are revised at 128 million units, against the earlier estimates of 127 million relea...
- Micromax creates Rs 500-crore war chest to launch 'in' sub-brand
Once a market leader, Micromax lost its position to players like Xiaomi, Oppo, and Vivo as these Chinese giants captured the Indian market ...
- Local handset makers eye Rs 2,000-cr upgrade to manufacturing chops
Earlier this week, the government approved the applications of 10 mobile phone manufacturing companies, including foreign ones, for incenti...
- Affordable smartphone sales shoot up as demand grows due to e-learning needs
The $100-200 (₹7,350-14,700) smartphones in India have always been the biggest category by volume but exponential growth of budget- and mid...
- Revolt Motors looks to raise $100 million in equity capital
According to Rahul Sharma, founder of Revolt, the company has invested Rs 400-500 crore in product development and to set up its manufactur...
- Apple vendors, Samsung, others propose Rs 11 lakh crore mobile phone production under PLI scheme
The proposals submitted by the companies to the Ministry of Electronics and IT to avail benefits of the Production Link Incentives (PLI) ar...
- PEs exit Micromax via buyback, valuation crashes 93% in 4 years
PE players are selling 6.9% in the company for Rs 93.65 crore to the promoters, whose holding will increase to more than 85%, Micromax said...
- Amazon Freedom Sale: Samsung 43” TV at 35% discount, split ACs at 30% off
The e-tailer has brought several premium quality air conditioners at steal deal prices with up to 40% discount.
- Micromax’s Sharma gears up to jump on to EV bandwagon
The businessman, who has been studying the electric mobility space for the few years, has invested Rs 500 crore of his personal wealth in R...
- Micromax co-founder Rahul Sharma forays into electric two-wheeler segment
Sharma, who is transitioning from mobiles to mobility, has set up Revolt Intellicorp Pvt Ltd.
- Mobile handset makers lay off sales staff to save costs
Many notable brands including Lava, Micromax, and even Chinese brands Oppo and Vivo have reduced number of in-shop promoters over the past ...
- Lava, Intex, Micromax, Karbonn, others cut sales hands to save costs
Notable brands including Lava, Intex, Micromax, Karbonn and even Chinese brands Oppo and Vivo have reduced the number of in-shop promoters ...
- Micromax eyes sales of 6 million Bharat phones by Mar 2018
The series, which was launched in May this year, comprise six devices. The company has unveiled its latest Bharat 5 today and will add one ...
- Micromax, Flipkart to co-develop phones for sale on e-commerce site
The phones branded Evok are likely to hit the market next week. Micromax is targeting a price segment that accounts for about 50% of the ma...
MORE NEWS
