Lemon Mobiles plans $100 Million investment in India
New Delhi: In an effort to expand their presence in India, Lemon Mobiles, a handset vendor promoted by Fast Track Communications, is planning to invest $100 million over the next three years. The company, which claims that it is already among the top 10 handset manufacturers in India, will soon launch 3G, Android and GPS devices in the Indian market. The Noida-based handset manufacturer aims to be amongst the top five within the next two years. The company will offer 3G handsets starting at about 4,500. It is also currently working on Lemon E1, which will be the first Android device from the company and the first dual SIM Android device in the market. Lemon E1 will be launched shortly. Lemon Mobiles has showcased its application suite Lemon Twist, which is currently available on iQ 505 and will later be bundled with other handsets as well. The company has tied up with content providers such as Opera, Atom technologies, Map my India, Nimbuzz and Affle for this suite. The handset manufacturer also intends to launch its own java based app store. The company also plans to expand its presence in South Asian countries, followed by Africa, Latin America and Eastern Europe.