David Zuzelo over at TOMB IT MAY CONCERN has a nifty post up regarding the Phantom comics that were made in India. Cheap looking but with such energy and sheer bravado you can't help but love them. Indrajal Comics ran with the title for over 1500 issues.
Indrajal also created a Mandrake the Magician line of comics.
What's interesting to me is that they ran for 1500 issues by providing cheap entertainment. I don't think any character here in the USA has run for as many issues in their own title. (Though certainly Batman and Superman with their history and multiple titles would qualify)