According to global investment bank, Macquarie Research's latest report on India telecom sector, the mobile penetration in India is set to increase to 36.7 per cent in the next three years.
Though at present, mobile penetration in India (14.3 per cent) is much lower than its neighboring countries like Pakistan (30 per cent), India beats everyone because of its sheer size of population.
Mobile manufactures across the spectrum (GSM/CDMA)
have realised the huge potential that India offers as it is one of the fastest growing telecom market in the world.
"India is a critically important market. It offers great opportunity for us. Hence our focus is on India, says Wloyd Mathias, Motorola India, which is currently offering one of the cheapest FM phones in India for Rs 1655 and had just
launched a new phone featuring just about everything from wireless music, screen 3 to PDA with business card reader.
Wloyd adds that even though Motorola offers some of the cheapest phones, it is also catering to high end users with its products like Moto Ming and Motorokr. "We are focusing on all the sections of consumers. Be it the entry level segment or the high end, we have products to cater to everyone," he states.
