Micromax is warming up for the new beginning.
As per the online rumors, Micromax has aligned up 20 new mobiles to launch in the Indian market and had also applied for the government’s production-linked incentive (PLI) scheme. Micromax has invested a huge amount of RS.500 crore in there R&D and manufacturing. Micromax’s R&D team has developed and stacked up-to 20 new mobile models. It may be launching it’s first comeback mobile phone by this year.
Rahul Sharma, the co-founder of Micromax, gave a press release stating, “The Company has been trying to regain its spot in the smartphone market and he also stated that there is a lot of effort put into this”. He also promised that the newly designed mobiles will be a breakthrough in the market.
As per the announcement made by the Indian government on April 1 2020 under the national policy of electronics, government is set to offer incentive’s up-to 6% on sale of goods under target segments manufactured in India. Many domestic mobile makers like Micromax and LAVA are working to give a comeback in the Indian market using this excellent opportunity. so this sure is a piece of good news.