Bollywood actor Arjun Kapoor with Honor Mobiles president George Zhao and Honor Mobiles president consumer business Allen Wang during the launch new smartphones of Honor 6 Plus and 4X on March 24, 2015 in New Delhi, India. [Photo / CFP]

No 3 Huawei

The Chinese vendor presently accounts for about one per cent of the market and sells two smartphone brands - 'Honor series' that is sold only via online channels and 'Huawei series' that is available for sale at offline stores. The company will also be launching 'at least 6-7 new devices' in the remaining part of this year, including 4G compatible devices, in the price range of sub-Rs.10,000 to Rs.40,000.