Lots of local brands have suddenly gained some traction in Indian market. Mostly because of their cheap prices (Micromaxx brought out an Android one for $130!).

Lots of local brands have suddenly gained some traction in Indian market. Mostly because of their cheap prices (Micromaxx brought out an Android one for $130!). Also, if you look at the PR of these new mobile companies, they are mostly targeted at the people living in rural areas. So, they are in fact eating a part of Nokia's pie, but a final verdict can be said only a couple of years later. Micromaxx is going public soon, so, lets wait and see how many of them make it.