Reliance Jio reportedly working on a 4G feature phone under ₹1,500

Reliance Jio is reportedly working on a 4G feature phone which is likely to be sourced from Chinese contract manufacturers like Techchain, FortuneShip and Uniscope. The telecom giant's 4G VoLTE feature phone will be priced under ₹1,500 in India, if the reports are believed to be true.

Reliance is waiting for engineering samples from the Chinese contract manufacturers and will place order only after test and verification of these devices for commercial use. The company has not yet commented on these developments. 

Once the commercial orders are placed, Reliance is believed to 
import these handset and eventually start producing them within the country.

Currently, the market is flooded with 4G feature phones by Lava and Micromax, which start at Rs 3,000, while the one from Jio’s Lyf brand with 4G capability costs at ₹2,999.

“Indian handset market will see a jump in 4G feature phones sales after July this year when Reliance Jio is expected to come in the picture with lower priced 4G feature phones, as the prices of these phones are currently high in Indian market,” said Jaipal Singh, Market Analyst of research firm International Data Corporation

Source: Financial express