itel emerges as market leader in major Indian geographies, says CMR report

Image
ANI New Delhi [India]
Last Updated : Nov 04 2016 | 2:57 PM IST

Marking yet another milestone in its impressive growth story, itel Mobile has been named as the market leader in eight major Indian geographies in a recently released Cyber Media Research report.

The brand has emerged as the top favorite amongst consumers in the markets of Delhi, Uttar Pradesh, Gujarat, Haryana, Himachal Pradesh, Rajasthan, West Bengal, and Jammu and Kashmir ahead of competition.

"One of the major reasons behind itel's grand success in the Indian market is the approach that we have adopted. Not only do we offer innovative, value-plus products to aspiring mobile phone owners, but also have a huge distribution base which allows us to deeply penetrate into the relatively untapped rural markets," said CEO Itel Mobile India, Sudhir Kumar.

"Aggressive, out-of-the-box marketing strategies and unique service proposition of 100-day replacement warranty offered on itel Mobile products have driven great growth for the brand in a short span of six months. itel achieved yet another target by selling 1.6 million handsets in just October," added Sudhir Kumar.

With its value-driven offerings available at competitive price points, itel mobile has witnessed immense growth and consumer adoption since its India launch earlier this year. Having sold more than 5.4 million handsets till date, the brand has secured the sixth position in the feature phone category and captured two percent market share in less than a quarter as per the Q3 2016 CMR report.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 04 2016 | 2:57 PM IST

Next Story