Indian mobile phone manufacturer, Karbonn on July 5, 2012 said that it will be launching a 9.7 inch tablet in the month of September, which will be based on Google’s new Jelly Bean platform. The new smart device range will have push mail service and an instant messenger of its own.
Sachin Devsare, the Executive director Karbonn Mobile said that it is planning to invest ₹445 crores in the brand promotion and the product development in the upcoming two years. The company is expecting the revenues to reach ₹3,500 by 2013-14.
Pradeep Jain, the MD of Karbonn Mobiles while talking to the reporters said, “We are extending our portfolio to targcustomers of high socio-economic class. We will continue as ‘value for money’ brand. Our estimate is that we should have Rs 2,500 crore in revenues this fiscal and Rs 3,500 crore in FY’14”.
Karbonn is looking forward to 15 percent share in the market by the end of the financial year 2014 from 6 percent in the year 2012. On July 5, 2012 the company launched its first tablet based on Google’s Android platform with 1.2 Ghz processor and is priced at ₹6,990. Karbonn also unveiled three new smartphones based on the price range of ₹5,790 to ₹9,490.