Ringing Bells is a company based in New Delhi that promises to sell Android phones for Rs.251. The Indian startup is selling the phones at a loss and hopes for a Government subsidy to aid the project. The aim of Ringing Bells is to spread mobile phones all over the country especially covering those who can ill afford these devices. Aiming at creating a communication revolution in India it plans to sell a number of products many of which will be sold at a profit.
As per the company, almost 200000 cell phones are ready to be shipped all across the Nation. This is despite that many players find the price of the smartphone incredible. Is there a catch somewhere that the owner of the company Mr. Goel strongly denies it?
With a market scaling more than one billion subscribers success is a cheese and a big one at that. The gadget feature almost all that big brands promise despite the price. It is tied up with some companies for pre-installed apps which are supposed to bring the cost down since the company does not have any manufacturing setup.
In absence of manufacturing set up Ringing Bells is importing knocked-down kits from Taiwan. But the critics are still in disbelief at the incredible pricing is this a publicity gimmick or what?
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