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Small Scale mobile phone retailers in a fix as bigger players hijack biz

Madurai: Although there may be excessive demand for funds telephones below Rs 10,000 within the wake of the pandemic, small-scale retailers will not be in a position to money in on the chance as a substitute face shutdown as greater gamers within the discipline pump in cash and buy them at larger worth. At the very least 30 retailers have shut retailers within the final couple of months, and plenty of are below stress in Madurai metropolis, mentioned the cell phone merchants’ affiliation. The variety of funds telephones accessible available in the market is restricted, however they’re principally bought in bulk by greater chain shops and merchants, leaving small-scale retailers excessive and dry. Telephones within the vary of 10,000 to 30,000 are extensively accessible however small-scale retailers wouldn’t have cash to take a position on them. Merchants mentioned that as funds telephones have develop into scarce, huge merchants pump in cash and buy them at larger worth. Whereas teleph