Goel however wants his 'cheapest phone in the world' to reach out to millions of buyers across the country, even if it entails in significant loss, which by the way stood at Rs 930 per handset, to begin with. "I recovered Rs 700-800 from app developers and revenue generated through advertisements on Freedom 251 website. After selling the device for Rs 251 (cash on delivery), the total loss per handset is expected to be in the range of Rs 180-270," Goel was quoted by IANS as saying.
Now Ringing Bells wants Rs 50,000 crore from Indian Govt
Source: http://indiatoday.intoday.in/techno...s-50-000-crore-from-indian-govt/1/709228.html
If they give even 5 rupees he's one lucky guy.
Ahh Superbly said man...Just a clarification on the subject, the phone manufacturers have admitted that the government is in no way involved with this phone and is not giving it any tax subsidies.
I feel we Indians have a habit of blaming everything on the government. it's cold today, government is to blame. Cat crossed my path government is to blame. I got low marks in exam, government is to blame. Sallu bahi is not getting married, government is to blame.