Handset maker Gionee aims to secure a spot in the top 5 tally in the Indian smartphone market by March next year as it expands its product portfolio and strengthens retail presence in the country.

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The company, which competes with the likes of Samsung, Xiaomi, Lenovo and others, has also ramped up its marketing budget to around Rs 750 crore in 2017-18.

"India is a very important market for us. According to GfK data, we had the sixth position. By March 2018, we are looking at being among the top 5," Gionee India Global Sales Director David Chang told

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)