The company, which had been manufacturing ultra-low cost tablet, has <g data-gr-id="24" style="color: #3b3b3b; font-size: 11px;">plans</g> to launch three variants of 4G smart phone and their price range will be less than Rs 5,000 a unit. “The entry level price of our 4G smart phone will be Rs 3,000 and we will keep the price of the models within Rs 5,000,” he said.
The handsets will come out with 1 GB, 2 GB and 3 GB RAM with <g data-gr-id="26">internal</g> memory of 8 GB, 16 GB and 32 GB, Singh said adding that the 4G mobile handsets would have almost all the features which other smartphones have. “Moreover, we shall offer internet browsing for one year free of cost on our 4G handset,” he said. Asked whether the company will be making <g data-gr-id="28">profit</g> out of low-cost 4G handset, he said that he would aim at 10 per cent-margin on sales.
The handsets will be manufactured in its plants at Amritsar and Hyderabad, Tuli said. The company is already having smart phones starting at Rs 1,500. Tuli further said his company has applied for <g data-gr-id="19">licence</g> under virtual network operator policy to offer data plan at Rs 99 for unlimited browsing.