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The company's earlier product Smart 101 was launched in a similar way with big paper adverts on 8th February. It was a 4G Smartphone available for Rs. 2999 and checking reviews for the same on one of the sites gives you this :
Government is in no way involved in this project
So how will the company make profit ?
The owner of the Company must be some king who wants to distribute his wealth because Experts say that the Manufacturing cost of the phone is around 2,000 rs