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| Tuesday, December 27, 2005 |
| Exponential growth in Indian Mobile Handset sales |
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Exponential growth of cellular subscribers in India during the last quarter of 2005, has reason for one Finnish company to keep smiling - Nokia. Nokia expects its handset sales to be close to 900 million units in 2006. Continued co-operation from the government of India by reducing import duty on handsets from 50% in 2000 to 5% in 2005, has eliminated the grey market in India. Their is a constant push by IT Minister Mr. Dayanidhi Maran to expand services to rural areas will not only help boost the bottomline of handset manufacturers but also that of network infrastructure companies.
Further concessions are available for handset manufacturers who want to setup manufacturing shops in India for domestic market as well as exports. |
Published on Tuesday, December 27, 2005 at 4:09 PM  |
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