The base 1GB+16GB storage model of the Samsung Galaxy M01 Core in India is priced at Rs 5,499 and the phone will go on sale from July 29.
When it comes to smartphones, India is only an assembly hub right now, and we remain dependent on nations such as China for critical components.
The recent conflicts with China, coupled with calls to promote locally manufactured products and brands, is yet to impact the Indian smartphone industry.
Under the new package, the Indian government is easing business conditions for companies to be manufacturing products in India.
Apple is slowly but steadily strategising its plans to make deeper inroads in a country where over 450 million people use smartphones, and assembling iPhone 7 is another step towards gaining more ground.
India has now become Xiaomi’s biggest market worldwide, even bigger than the company's hometown China.