Together they have raised over 7.8B between their estimated 343.1K employees. Micromax co-founder Mohit Sharma, Dewas & Rohit Patel Nagora stated that the other segments would contribute to 20% of overall revenue. Micromax eyes more revenue from TVs, ACs & refrigerators Micromax, which already sells air conditioners and televisions, is launching washing machines and refrigerators and … Revenue growth kept its momentum into the fourth quarter, and the company trimmed its store opening plan for the second time this year. YOUR THEME.

Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.While Xiaomi and Samsung emerged as leaders in India, Indian smartphone maker kept dwindling on growth.The Gurugram-based firm has reported 26 per cent downfall in revenues in compared to its last year financials.In FY16, the company had posted around Rs 10,000 crore in revenues. The company has witnessed a continuous decline in revenue. "And so when that happens, because demand is still quite strong, all of that (chip supply) certainly got put to use" by PC makers.1Up In The House | Sanhok 3x Weapons | Custom RoomsChief Executive Satya Nadella has re-centered Microsoft around cloud computing, renting out its computing power and technology to large businesses.Microsoft Corp on Wednesday reported fiscal second-quarter revenue and profit that beat Wall Street expectations, a sign that its Azure cloud computing services continues to grow amid a pitched battle with Amazon.com Inc’s cloud unit.Perseverance lifts off to Mars despite tremors, delays, lockdownThe shift to the cloud has propelled shares in the world's largest software company up more than 50 percent in the past year, as it gains ground against market leader Amazon and also parries the threats to its classic software programs from newer entrants like Alphabet Inc’s Google.1Up In The House | Military Base Hotdrop | Subscriber Games Prior to that he did long, deeply reported feature stories for The Indian Express and handled desk at IANS.

Among the things that excite him is wonder about life and its creative potential in every sphere.Click edit button to change this text. Key Manufacturers Covered in GSM Mobile Phone Report: Samsung Electronics Co. Ltd., Micromax Informatics Ltd., LG Electronics, Huawei Technologies Co. Ltd., Lenovo, Xiaomi, Sony Mobile Communications Inc., ZTE Corporation, TCL Corporation, NokiaAvailable Customization of the GSM Mobile Phone Report: This report can be customized to meet the desired requirements. Micromax, backed by Sequoia Capital, TA Associates and Sandstone Capital, the largest Indian handset manufacturer has struggled to keep pace with Chinese firms like Xiaomi, Vivo, Oppo and Gionee, which have flooded the Indian market with cheap yet reliable smartphones.The company is targeting 5% market share of the refrigerator and washing machine segment in the first year and about 7% in the next 24 months, he added.“We have a conviction that we can be a big consumer electronics company,” said Agarwal.Micromax, which already sells air conditioners and televisions, is launching washing machines and refrigerators and expects the consumer electronics category to contribute Rs 2,000 crore in revenue by 2020, Agarwal said.The company expects to close 2017-18 with revenue of Rs 1,100-1,200 crore for the consumer electronics segment, Agarwal added.Agarwal hinted at a further decline in revenue for this year but did not disclose the exact numbers.Mobile phone maker Micromax Informatics Ltd is expanding its consumer durables line-up in the hope of stabilising its falling revenues amid stiff competition from Chinese handset makers.“India’s consumer electronics segment is growing at 11-13% and we want to address the mass market segment by launching affordable consumer durables,” Agarwal added.For the current fiscal year, these categories are likely to account for 20% of overall revenue, said Micromax co-founder Rajesh Agarwal.For the fiscal year ending March 31, 2017, Micromax reported revenue of Rs 5,614 crore, a nearly 40% drop from a year earlier, according to filings with the Registrar of Companies.Gurugram-based Micromax, which is now trying to position itself as a consumer electronics company, targets about 30% of its revenue from categories other than phones by fiscal 2018-19.

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