Freedom 251

Why Freedom 251 is giving in that price?

Indian Company to Launch World’s Cheapest Smartphone!The name of that company is
RINGING BELLS.Is that really possible to manufacture a smartphone in that price. Im
also in big confusion.Finally,the Founder of that comapany Ashok Chadha demystifies  how his company seeks to achieve this seemingly unachievable feat of selling a phone at a mere Rs 251.

Chadha says the company will pass on the 13.8 per cent duty protection (around Rs 450-Rs 470) for Make in India to the customer. And they will be saving an additional Rs 530 from the economies of scale (given that the company plans to mass produce the phone) which theoretically will bring down the costs. Another Rs 460 is said to be saved from marketing and selling costs (given that the company is largely opting for online sales).

This still leaves a wide gap between the Rs 251 price tag and the costs, that according to his calculations, is Rs 800. "I am selling at Rs 251. So I have to cover Rs 550," says Chadha.

This balance, according to Chadha, will be recovered by the earnings from a marketplace that the company will be setting up. "So here is my marketplace, you want to sell something, come to me, pay me a revenue for it, and I will pass the revenue on to my customer," he says. That's how, according to the company, the Freedom 251 can sell for Rs 251.

He says, the company isn't in the business for huge profits, but will manage profitability with the "reasonable margins and that structure allows us."

"The investment required will be anything between Rs 230 to Rs 250 crores, for the first round," says Chadha which, he says, the company has arranged through debt equity.

This freedom 251 offers the features which was useful to people like 3G handset, Freedom 251

, features a 4-inch display, Spectrum 1.3-GHz quad-core processor and 1 GB RAM. It will come with apps linked to government initiatives like Swachh Bharat, Women Safety, Fisherman, Farmer and Medical. 

If  Freedom251 is Real,then it will become a wonder & help for so many people .If it is not then it will become a history & news for the many channels & newspapers throughout the world.Let see what will happen in future.......