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Micromax Now 3rd Largest Mobile Seller in India

02.22.2010 · Posted in Mobile phones

Micromax Now 3rd Largest Mobile Seller in India. Micromax with 10% market share, is at No. 3 behind Nokia Oyj and Samsung, which had 12-13%.  Micromax challenges Samsung, LG in mobile phone with sales of Rs1,500 cr.

Micromax Informatics Ltd  is an Indian mobile handset maker is now one of the top three sellers of cellular phones in the India overtaking rivals such as Motorola Inc. and Sony Ericsson and prompting it to look overseas to expand sales.

According to the latest IDC data, 100 million handsets sold in the year to June 2009, Nokia with a share of about 56%. Samsung and LG were at second and third respectively, with 7.7% and 5.4%.

Micromax challenges Samsung, LG in mobile phone stakes: Recent entrant surprises analysts; promoters say the firm will close the fiscal with sales of Rs1,500 cr

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