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

  • French tech brand Alcatel is investing $30 million to re-enter India's smartphone market.
  • Alcatel plans to sell locally-made smartphones and target the above Rs 20,000-25,000 price segment.
  • The company will partner with Flipkart for online sales and initially focus on the Indian market.
  • Alcatel aims to become a leading brand manufacturer in India and has long-term plans for investment and growth.

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