Manana Innovations to invest Rs 500 crore in telecom business – Feedback

Telecom services company Manana Innovations plans to invest Rs 500 crore to build its mobile services business in India and abroad over the next five years.

“We are looking at international roaming business. In India, this market is estimated to be around Rs 18,000 crore. We are looking to capture five per cent of it i.e Rs 900 crore in two years and ten per cent in three years,” Manana Innovations Founder and Director Chandan Ghosh told PTI. He said that the company sells SIM cards and provides mobile applications for voice calling.

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