Micromax announces its return to the Indian smartphone market with ‘In’ smartphones

The company will start with two ‘In’ branded phones in the first week of next month

Co-founder Rahul Sharma said that the company will invest ₹500 crores on expanding local manufacturing

It will also invest in research and development (R&D) for locally manufactured smartphones

Before the entry of Chinese brands, Micromax was a leading smartphone brand in India

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