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mobile handset market saw a drop of 5 per cent in revenues in FY 2011-12. The revenues dropped to Rs 31,215 crore (Rs 312.15 billion) from Rs 33,031 crore (Rs 330.31 billion) a year ago.A survey by CyberMedia group's Voice&Data finds that none of the Indian handset players could face the stiff competition, barring Karbonn and Lava."Indian mobile phone brands that had hoped to make a mark by sourcing...
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