New Delhi, Feb 18: Freedom 251, world's cheapest smartphone, raised eyebrows even before the its launch in Indian market. Ringing Bells, a Noida-based mostly company, designed the liberty 251, which is attainable for Rs 251. The extraordinarily low fee of Freedom 251, which runs on Android 5.1 (i.e. Android Lollipop) operating equipment and has 1 GB RAM, eight GB inner storage and a number of built in apps, left each person greatly surprised. consumers and different competitors in the smartphone market are attempting to find out the secret in the back of the smartphone's disruptive price.
Ashok Chadha, President of the Ringing Bells, while unfolding the secret in the back of the low price of Freedom 251, says, "Let me make clear one thing, there's no government subsidy." Chadha's statement left the tech enthusiasts much more puzzled that how an organization can promote a smartphone at Rs 251. Chadha then reveals, "the freedom 251 takes full competencies of the merits offered via Make in India and start Up India campaigns." (additionally read: Freedom 251 buy online: Sale begins, a way to order Rs 251 smartphone through Freedom251.com?)
based on Ashok Chadha, Freedom 251 has a value of around Rs.2,500 but Ringing Bells may capable of make it obtainable at Rs 251 by means of saving quantity by using getting an obligation exemption and having no involvement of distributors. considering the smartphone is being made in India, Ringing Bells acquired obligation exemptions that volume to 13.eight per cent. It cut the volume of Freedom 251 about Rs.four hundred on the Rs.2,500 rate. Likewise, the company is promoting the gadget by itself e-commerce platform, pushing distributors or center guys. It reduces the cost of Freedom 251 by Rs 480.
Even after getting duty exemptions and cutting of center-men, Freedom 251 prices round Rs 1000. in keeping with Chadha, many makers of smartphone are willing to use their e-commerce platform, with the intention to extra cut the charge of Freedom 251 by way of Rs.700-800. Chahda is making daring claims together with the seize of 30 per cent of the Indian smartphone market, however continues to be to be viewed how a great deal Ringing Bells succeeds in getting its targets.
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