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Nothing has revolutionised the modern generation so much as mobile phones in India.
They have become indispensable parts of our lives and we just cannot do without them.
To cater to the rising demand, handset companies have come up with a wide range of products in recent times.
Revenues of the Indian mobile handset market grew by 15 per cent to touch Rs 33,171 crore (Rs 331.71 billion) in 2010-11 from Rs 28,897 crore (Rs 288.97 billion) a year back.
The 16th annual survey by Voice & Data covered all the mobile handset companies doing business in India across categories like feature phones, multimedia phones, enterprise phones and smartphones.
Both multi-national and Indian mobile phone firms were surveyed for this report.
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1: Nokia
Revenue: Rs 12,929 crore (Rs 129.29 billion).
The company showed a growth of 0.2 per cent over Rs 12,900 crore (Rs 129 billion) it did in 2009-10.
Nokia Corporation is a Finnish multinational.
Headquartered in Keilaniemi, Espoo, Nokia has over 132,000 employees in 120 countries, sales in more than 150 countries
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2: Samsung
Revenue: Rs 5,720 crore (Rs 57.2 billion)
Samsung registered 21.7 per cent growth over its revenue of Rs 4,700 crore (Rs 47 billion) in 2009-10.
The Samsung Group is a multinational conglomerate corporation headquartered in Samsung Town, Seoul, South Korea.
Samsung employs about 300,000.
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3: Micromax
Revenue: Rs 2,289 crore (Rs 22.89 billion)
Micromax registered 42.9% increase over its revenue of Rs 1,602 crore (Rs 16.02 billion) in 2009-2010.
Based in Gurgaon, Haryana, Micromax has 23 domestic offices across the country and international offices in Hong Kong, the United States, Dubai and Nepal.
Micromax emerged third largest mobile handset seller in India as on March 31, 2010.
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4: BlackBerry
Revenue: Rs 1,950 crore (Rs 19.5 billion)
BlackBerry registered a growth of 61.2 per cent over the revenue of Rs 1,210 crore (Rs 12.1 billion) in 2009-2010.
Designed by Canadian company Research In Motion, BlackBerry phones function as a personal digital assistant and portable media player.
BlackBerry commands a 14.8 per cent share of worldwide smartphone sales.
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5: LG
Revenue: Rs 1,834 crore (Rs 18.34 billion)
LG registered a growth of 14.6 per cent over a revenue of Rs 1,600 (Rs 16 billion) in 2009-2010.
LG Corp. is the second largest South Korean conglomerate company headquartered in the Seoul.
LG produces electronics, chemicals, and telecommunications products and operates subsidiaries like LG Electronics, LG Display, LG Telecom and LG Chem in over 80 countries.
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6: G'Five
Revenue: Rs 1,326 crore (Rs 13.26 billion)
G'Five registered a growth of 75.6 per cent over the revenue of Rs 755 crore (Rs 7.55 billion) in 2009-1010.
G'Five is a consumer electronics company based in the People's Republic of China. Founded in 2003, G'Five focuses on the international market, especially emerging markets.
Its products are mainly sold in South Asia, Southeast Asia, Middle-east, Africa, and South America.
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7: Karbonn
Revenue: Rs 1,004 crore (Rs 10.04 billion)
Karbonn registered 25.5 per cent growth over the revenue of Rs 800 crore (Rs 8 billion) in 2009-2010.
Karbonn Mobiles, founded in March 2009, is a joint venture between the Bengaluru- based United Telelinks Limited and Noida-based Jaina Marketing & Associates.
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8: Spice
Revenue: Rs 920 crore (Rs 9.2 billion)
Spice registered a negative growth of 11.5 per cent against its revenue of Rs 1,040 crore (Rs 10.4 billion) in 2009-2010.
Spice Mobiles is a part of Spice Televentures, the telecom vertical of the diversified $2 billion Spice Global group India, selling nearly 1.5 million mobile handsets per quarter.
The company with 25 handset models is the first Indian handset manufacturer to begin its local production at Baddi, Himachal Pradesh in March 2010.
Spice Mobiles has also enhanced its presence outside India with entry into Bangladesh and Nepal, now plans to enter the African market.
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9: Maxx
Revenue: Rs 745 crore (Rs 7.45 billion)
Maxx registered a growth of 44.9 per cent over its revenue of Rs 514 crore (Rs 5.14 billion) in 2009-2010.
Maxx Mobile Communications Limited was incorporated on January 1st 2004 under the leadership Ajjay Agarwal.
The company's manufacturing facility is located at Haridwar, Uttarakhand.
The company has developed a wide distribution network of dealers and distributors across India.
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10: Sony Ericsson
Revenue: Rs 690 crore (Rs 6.9 billion)
Sony Ericsson registered a growth of 16.9 per cent over its revenue of Rs 590 crore (Rs 5.9 billion) in 2009-2010.
Sony Ericsson Mobile Communications AB is a joint venture by the Japanese consumer electronics company Sony Corporation and the Swedish telecommunications company Ericsson to manufacture mobile phones.
The company was established on October 1, 2001.
The company's global management is based in Hammersmith, London, and it has research and development teams in Lund, Tokyo, Mexico City, Beijing, and Redwood Shores in the US.