CMR Group donates 23 acres land for airport project
The Dollar Business BureauBusinessmen and farmers have come forward to voluntarily hand over their land for the upcoming international airport at Bhogapuram in Vizianagaram district of Andhra Pradesh. CMR Group Chairman Mavuri Venkataramana has relinquished over 23 acres of land in Bhogapuram in Andhra Pradesh. Venkataramana gave the land to the district collector. The airport will be developed by Bhogapuram International Airport Company Ltd (BIACL), said a press release issued by District Collector office. Venkataramana also requested the farmers to come forward and give their lands to the district administration for the project. The farmers in Kavuluwada village in the district have so far given away 23 acres of land. More farmers were willing for acquisition by the government. District ...
'Smart' progress in 'Made in India'
The Dollar Business Bureau Prime Minister Narendra Modi's ‘Make in India’ initiative seems to have had a positive impact on the mobile handset manufacturing in the country. According to the latest data released by the Cyber Media Research (CMR), "out of the total handsets shipped during April-June 2015, 24.8% were manufactured and/or assembled in India compared to 19.9% in the previous quarter." The CMR’s India Mobile Handsets Market Review report also stated that the smartphones were on way to account for half of all mobile phones shipped in India, currently adding up to 43% of total mobile phone shipments in the country. "India shipped 56.6 million handsets during the April-June this year with 43% of them being smartphones. During April-June 2015, smartphones ...
4G device sales grow in India by 108% during Q12015
The Dollar Business Bureau Increasing use of smartphones and high-speed wireless internet has propelled the sales of 4G devices in Indian markets. According to a market research, sales of 4G-enabled devices that support high-speed data transfer have increased by whopping 108% between January and March this year. Analysts attribute the upward sales to the rising demand of data card and smartphones across the country. The two segments have witnessed an increase of 287% and 111% respectively during this period, said the quarterly report released by CyberMedia Research (CMR). While the total 4G device shipments in the country reached 2.2 million units during January-March 2015, smartphones dominated the market contributing 97% of the devices sold. And, experts predict the trend ...