Indian handset makers propose to deal in old Rs. 500 and Rs. 1000 notes for mobile purchase

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Various industries are feeling the heat following government’s decision of demonitization of currency and the mobile phone market is no exception. Following a 50% drop in daily revenue, Indian handset makers have proposed the government to allow customers to buy mobile phones with the old Rs 500 and Rs 1,000 notes, according to a latest report from Economic Times.

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