Alcatel partners with Flipkart, earmarks $30M to restart smartphone biz in India

Alcatel has partnered with Flipkart and earmarked $30 million to restart its smartphone business in India. This strategic alliance aims to re-establish the Alcatel brand in the Indian smartphone market through a partnership with a major e-commerce platform. The $30 million investment will likely be used for product development, marketing, and building a distribution network. This move indicates Alcatel's renewed focus on the Indian market and the potential of the budget smartphone segment.