Micromax expects to sell one million handsets by March 2010

7 Dec

Micromax, a Gurgaon-based handset vendor aims to sell one million handsets per month by March 2010. The company expects to reach a million sales mark in less than two years after its launch in 2008.
 

At present the firm sells around 6,50,000 units a month and the devices are imported from China, Taiwan and South Korea. To meet the increasing demand for handhelds, the company is planning to invest 100 crores in the coming year to set up a production plant in Himachal Pradesh. The plant at Baddi, Himachal Pradesh, will begin production with an initial capacity of 50,000 handsets in February 2010.

 

Via Economic Times

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