Gionee plans to invest Rs 650 crores to increase market share in India

Gionee plans to invest Rs 650 crores to increase market share in India

Chinese smartphone maker Gionee aims to go big with an investment of Rs 650 crore to acquire a spot among the top 5 smartphone brands in India.  The company will increase their marketing budget by 30% compared to last year, which is an increase from Rs 500 crore to Rs 650 crore. The investment is …