NEW DELHI—the manager govt of Micromax Informatics Ltd. has stop, as India's second-greatest smartphone maker struggles to hold pace in a extremely aggressive market.
Vineet Taneja resigned "to pursue different hobbies" final month, after a little beneath two years on the job, according to an emailed remark from the business on Thursday. It didn't immediately name his successor.
Mr. Taneja headed Samsung Electronics Co.'s mobile company in India unless 2014, when he became poached by means of Micromax. The Indian smartphone maker is in a pitched fight for market share with the South Korean smartphone maker.
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The Gurgaon-based enterprise had received on its rivals by means of churning out new phones each few weeks, as it tried to trip each new buyer trend.
however in fresh months, there were signals that consumers are fleeing to Samsung and Lenovo group Ltd.
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