Nokia launched its Lumia series of Windows Phone devices in India on Monday. Significantly, Nokia’s new flagship phones have been unveiled in India within a fortnight of its global launch. A year back it would have taken up to six months for a new smartphone to hit stores in India. Now, however most firms are viewing India as the driver for growth in the smartphone segment.
Industry studies suggest the smartphones segment in India will grow by 50 per cent at least till 2015. This could mean four years from now 70 per cent of all handsets in India...
