Ringing Bells, a little-known company that ran into controversy after announcing a Rs 251 'smartphone', today claimed it will start deliveries of the handset to customers from June 28. Goel said that Ringing Bells has a foolproof plan to support the price but did not disclose it. Ringing Bells began selling the handset, Freedom251, via its website in February. The company had also come under the scanner of Excise and Income Tax Departments amid debate over the feasibility of a 3G-enabled handset for Rs 251. Also Read: ED begins Freedom 251 probe, questions Ringing Bells CEO Mohit Goel"Two plants will be set up for Rs 250 crore each with a capacity of 5 lakh phones.
Source: India Today June 13, 2016 15:00 UTC