BUSINESS & FINANCE
Itel Mobile registers 217% growth in India
With a 9 per cent market share, China-based Transsion Holdings' Itel Mobile registered a 217 per cent growth in India in 2016-2017, the company said on Saturday.
Itel Mobile entered the Indian market in April 2016.
"The reason behind itel Mobile's continued success in the Indian market is its dynamic expansion strategy that focuses on meeting existing market requirements through relevant solutions," Marco Ma, Managing Director, Transsion India, said in a statement.
"We have been building an extensive portfolio of feature-driven 4G-enabled smartphones, differentiated service offerings and a strong post-sale experience."
A latest report from CyberMedia Research (CMR) highlighted Itel Mobile as one of the few mobile brands observed to have a strong upwards trajectory in 2017 despite market fluctuations.
Transsion Holdings has 92,000 retail outlets and over 1,000 channel partners in the country.
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