Sales down 25-30% after demonetisation, says Micromax
Smartphone maker Micromax has said its consumer sales have seen a 25-30% hit in past weeks due to twin impact of demonetisation and seasonal slowdown post Diwali. "Actually, we guys have got hit far more on the online front because of cash on delivery," Micromax said.  The company expects the situation to get better over the next year, Micromax added.