According to a research firm, the company has gained around 22 percent shares in the Indian market and it has exported more than 2 million smartphones, taking its present growth in the Indian market to more than 4 percent.

Micromax had 18.8 percent shares in the first quarter, which has expanded to 22 percent in the second quarter. The company’s growth is indeed commendable as it’s not that far from the shares of present market leader Samsung, which is sitting at the top with 26 percent market shares.

It’s being said that the pace at which Micromax is moving ahead will soon take it to numero uno position in the domestic market. What needs to be noted is, the company itself has expressed confidence that it may topple Samsung from its apex position in the next quarter.

The research has further mentioned that the company has gained around 22 percent shares in the Indian market and has exported more than 2 million smartphones, taking its present growth in the domestic sphere to more than 4 percent.

According to the reports of research, Micromax’s phablets have played a key role in engineering the growth of the company. It has also been learnt that the company’s share of phablets have multiplied to 30 percent and the Gurgaon-based firm has posted a 17 manifold annual growth rate in phablet market share. Bouyed by the response and success it has tasted, the company is aiming to move beyond USD 1 billion revenue mark, mainly on the basis of its latest products, distribution and marketing strategies.

The company has gained popularity mainly as it always comes out some of the most affordable and reasonable products like smartphones, tablets and phablets, without compromising on the technology.

Micromax Canvas Doodle 2, the costliest handset ever to hit the stores is priced at just Rs 19,990 and it’s said that the company is here to make a strong impact on the market in coming times.

JPN

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