Mobile companies are now gearing up even faster to get a slice of the Indian telecom market by offering the latest technology, design and the lowest pricing to woo Indian consumers. So, it may not be long when one would be able to get a mobile featuring camera with 10 mega pixels, GB memory and even a FM for Rs 1,500 or even less.
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)