India, along with China, is one of the largest smartphone markets in the world. In recent years, it is dominated by Chinese manufacturers, however, the local company Reliance Jio is going to fight back against Chinese colleagues and make a real revolution by releasing the Android smartphone, which will cost only 50 dollars.
According to the TimesofIndia, Reliance has asked local suppliers to increase production capacity in India to increase the production of smartphones up to 200 million units over the next two years. Sources close to the issue say it will boost India’s technological ambitions and increase competition with major Chinese players such as Xiaomi. The Xiaomi company now is India’s leader in smartphone market.
Reliance Jio is currently negotiating with various domestic assemblers to create an extremely affordable smartphone line Jio Phone, which will run Android and cost only 4,000 Indian rupees or 54 dollars. It is worth adding that Jio is the leading telecom operator in Southeast Asia, and is actively working on the development of 5G networks.