Micromax Seeks to Ride Anti-China Wave for Smartphone Market Comeback, New Devices Due by September: Report

Micromax will reportedly invest Rs. 500 crores towards smartphone manufacturing and research and development (R&D), as per an online report. Micromax co-founder Rahul Sharma said that the company would use the government’s production linked incentive (PLI) scheme to take on the Chinese brands that are currently dominating the Indian market.

from Gadgets 360