Research in Motion to Expand Indian Retail Operations

Research In Motion has been losing market share in developed countries to high-end smartphones, it is still growing its customer base in developing markets. Over the past year, the company increased its market share in India by two percentage points to 15{e1f18614b95d3cd6e4b3128e1cd15d99b042a60a5a19c19b7a8e07e7495efa10} of the handset market.
RIM is planning to expand its retail operations in India to 250 cities by the end of this financial year as it sees growth opportunities in the country.