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Decimated by Xiaomi-led tsunami, Indian smartphone makers toil to survive

Once the darling of Indian smartphone users, desi brands like Micromax, Karbonn, Lava, Intex and few others have nearly been decimated by affordable-yet-powerful devices from the Chinese vendors that have flooded both online and offline channels. In the 2013-2014 period, the domestic brands gained great traction and enjoyed 40-45 per cent market share — till …