Spice Mobile to increase its mobile handset market share

Thebullishtrends: SPICE Mobile share price closed on Friday at Rs.23.75(1.98%). To catputure the big Indian mobile handset market , BK Modi group company Spice Mobile is expecting a whopping 150-per cent jump in its revenues at Rs 1,000 crore in this year. Spice Mobile, a part of MCorp Global, also plans to launch 20 mobile models in 2008. There is a huge potential in the Indian market. This year SPICE Mobile have chalked out aggressive plans, they are expecting revenues of Rs 1,000 crore in 2008 against Rs 400 crore last yea.. Banking on its launches along with its dual mode phone, where two SIM cards can be used in a single phone, the company is expects to garner sales of four million handsets this year, compared to 1.4 million in 2007.