With the crackdown on Chinese mobile phones, local handset manufacturers are looking at taking over the vacated spot. Karbonn Mobiles is one of them and is spreading its reach with its entry into the CDMA mobile phones' segment with the launch of five new devices for the Indian market, in the price range of Rs. 2,000 to Rs. 6,000.
The company aims to capture a market share of 7% – 10% in India in the multimedia phone segment in the current fiscal.
Pradeep Jain, Managing Director, Jaina Group said, “The response to the launch of the Karbonn Mobiles has been tremendous making Karbonn the fastest growing mobile phones brand in India in a short span of 6 months. As a company we are committed to bringing in the latest devices for the Indian consumers at competitive prices.