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Spice Mobiles Starts Manufacturing Handsets in India

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Spice Mobiles has partnered with Videocon Industries to make handsets in its Aurangabad manufacturing facility. “The production will start with 200,000-2,50,000 units per month with 70% being feature phones and rest smartphones,” he said, adding that Spice is currently taking help from its Chinese partner to set up the factory.

“We are targeting 8-10% market share in these states. At the pan-India level, we are aiming 4% share of overall handset market in value terms by end of this year,” Singh said. Read more

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