- Ringing Bells Private Limited announced the Freedom 251 smartphone priced at Rs. 251, making it the world's cheapest smartphone.
- The company claims it can produce the phone at such a low cost through manufacturing in India and selling directly online, avoiding traditional distribution channels.
- There is skepticism around whether Ringing Bells can actually deliver on its promise, as the phone's design appears to be identical to a fake iPhone model previously sold in China for around Rs. 1000 per unit.
- If Ringing Bells succeeds in shipping the Freedom 251 as promised, it could have a significant impact on India's rapidly growing low-cost smartphone market.