During the launch of its new multimedia mobiles in the Indian market, Karbonn Mobiles said that it is aiming to invest around Rs 100 crore in the current financial year.

Moreover, the company anticipates gaining 7-10 percent market share in the multimedia handset zone in India.

Karbonn Mobiles is a joint venture between Delhi-based Jaina groups and UTL.

During the opening ceremony of T-20 Champion League, Karbonn Mobiles has announced the launch of its two new handsets named ‘K560’ and ‘K460’. The company has also announced itself as official sponsor of the South African team ‘Cape Cobra’.

Karbonn Mobiles, the United Links’ and Jaina’s joint venture, came into existence in March 2009 and doing quite well. The company has over 1.5 million customers And 500 service centres across India.