India launches World’s Cheapest 4G Smartphone
Earlier Ringing Bells said their Freedom 251 phone would be priced under 500 rupees (£5; $7.3), but at the launch it said it would cost just 251 rupees ($3.67; £2.56).
The phone has 8GB storage and cameras in the front and back.
Freedom 251 is expected to target a market already dominated by low-cost handsets.
Ringing Bells was set up a few months ago and recently launched one of India's cheapest 4G smartphones at 2,999 rupees, the PTI reported.
India is the world's second-largest mobile market and has one billion mobile phone subscribers.
Cheap smartphone handsets, many of them Chinese-made, are readily available in the Indian market but domestic competitors are making inroads, with models selling for less than $20.
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