Tons of Mobile users in India-Good future for mobile companies in india
Posted in Mobiles, Technology on October 2nd, 2009 by admin – Be the first to commentMany more Indian companies are entering the mobile handset busi- ness. What does this mean for consumers? Sonia Sharma finds out .Around 9 million handsets are consumed every month in India. That pretty much makes us one of the largest mobile phone markets in the world. Also these days, people are getting increasingly conscious about the kind of mobile phones they carry. Everyone wants a good looking phone and possessing one is no longer just the privilege of the upper class. Another noticeable change is that phones are becoming entertainment devices with better music quality along with multimedia features like cameras and GPRS receivers. All this has been achieved without compromising on the phone’s looks.
Ironically, the Indian handset market is marked by the presence of five major and many smaller global handset compa-nies.However, till date only two Indian companies have made it big in this segment. But today, the scenario is changing and many more Indian companies are venturing into this sector to dig into the mobile boom pie. The best part is that these companies are not some obscure newcomers in the Indian market. Some of them are big shots in the consumer electronic segment.
Kunal Ahooja, CEO, Spice Mobiles Ltd, an Indian mobile handset company, says, “The Indian market is the fastest growing in the world. There is a huge demand at the entry level and mid tier segments. This is where we being an Indian company have an edge over the MNCs because we understand the Indian psyche better and build customised handsets for our consumers. On the other hand, global brands that are present here build brands at the global level and then bring them to India - a move which cannot cater to the needs of all segments of mobile users.”
Currently mobile penetration in India is around 25 per cent. It is expected to grow to 40-50 per cent in the next four years. On the other hand, the replacement market is also growing rapidly, making it a very lucrative proposition for these companies.
According to our sources, Onida, a leading brand in consumer electronics like TVs and washing machines, has already launched a handset called V110, which has a standby time of 28 days. This is an important aspect as battery has always been the most important criteria especially in the hinterlands where there is a perennial shortage of electricity. But Onida is not limiting itself to the entry-level and mid-level phones. It will soon come out with a smart phone as well.

