New Delhi, October 18, 2020: Respected Indian electronics brand , Micromax Informatics, that has been on a somewhat low key for a year or two is reinventing itself for a comeback.
It has unveiled a new sub brand - ‘in’, for a SecondComing in the smartphone segment. The announcement comes on the heels of the PLI approvals sanctioned by the Government of India.
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Says Rahul Sharma, Co-founder, Micromax who launched the ‘in’ brand: “We are delighted to make a comeback in the India market with our sub brand ‘in’. When you have the word India or ‘in’ on you, it gives you a sense of responsibility. The weight of a billion hopes. But bigger than anything is the pride it gives. Our endeavour is to bring India on the global smartphone map again with 'in' mobiles. India is one the top five mobile gaming markets in the world, and with the ‘in’ brand we will provide a bona fide choice that will allow consumers to edge ahead with high performance oriented products, without infringing on their privacy.”
The new avatar is inspired by the fun, bold and aspirational Indian millennials, who are looking for performance oriented products for their digital journey on the go and are set to drive India’s success story. The brand colour and overall visual identity is inspired by India’s blue colours - the blue that we are recognized by. With its brand promise to bring uncompromised performance and a secure user experience, Micromax plans to holistically build and grow the smartphone ecosystem, where Indian consumers can truly benefit.
To begin the strategic re-entry into the smartphone segment, Micromax plans to invest Rs 500 crore and will build products from ground-up for the new-age Indian consumer. It will be introducing a new range of smartphones under the ‘in’ brand.
Thye company Micromax has manufacturing facilities across 2 locations in Bhiwadi and Hyderabad with the capacity to produce over 2 million phones per month. Trand is working on strengthening its already established retail and distribution network which currently has a presence in over 10,000 outlers and 1000+ service centres across India.
Micromax has many firsts to its credit including the Longest Battery Phone, Dual SIM Phone, Qwerty Device, Gaming Device, Women’s Line of Devices, Universal Remote Control Phone, MTV Phone, Dockable Bluetooth Device and Edutainment Tablet.