Press release from Business Wire India
Source: Belkin India
Thursday, November 10, 2011 03:10 PM IST (09:40 AM GMT)
Editors: General: Consumer interest, Lifestyle; Business: Business services, Electronic appliances & components, Information technology, Retailers; Technology
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Belkin India enters Nepal
New Delhi, Delhi, India, Thursday, November 10, 2011 -- (Business Wire India) -- -- Strengthens foothold in SAARC region
-- Appoints Neoteric Nepal as Distributor for the territory
Belkin India, a leading provider of interconnectivity solutions across computing and consumer electronic devices, announced that the company has extended its operations and established presence in Nepal. With this move, Belkin India has crossed the boundaries of the country, to strengthen the relationship with customers overseas in Nepal, to capture a bigger market share.
To make available complete range of Belkin products, Belkin appointed Neoteric Nepal as its distributor for the Nepal market. This collaboration will enable Belkin to deepen its foothold in the market, with the resilient and widespread networks of the company.
Speaking about the move, "We are excited to bring on board, Neoteric Nepal, one of Nepal's most renowned companies for distribution of our products. This move will enable us to develop a stronger foothold and realize the immense opportunity and untapped customer base of this market. Belkin products will now be widely and easily available through our distributor, that forms the backbone of our business," said Mohit Anand, Managing Director, India Sub Continent, Belkin India Pvt. Ltd.
Commenting on this partnership, Mr. Sanjay Golchha, Neoteric's Managing Director, said "Together we are confident that Belkin and Neoteric will collaborate to earn retailer and consumer confidence and market leadership. We are privileged to represent a world-class product like Belkin and working with them. We believe this partnership will add a new dimension to our current consumer offerings."
He added that their proven distribution strength as well as pre-sales and post- sales track record reinforces their commitment to their retailers. Mr. Golchha said that they have achieved this by consistently providing them with leading products and solutions in the market, thus opening up new business opportunities for them.
Neoteric Nepal was appointed as distributor for Belkin for its exciting range of products. The company is among the best distributors for information technology, communications and entertainment products in Nepal. The company has top market share for all products it distributes, and a huge base of satisfied and loyal customers gained through adding real value both pre- and post-sale
With these strategic tie ups, Belkin products will now be widely and easily available through channel partners in Nepal. With this move the company will be able to focus deeper on the Nepal market, as a part of Belkin's growth strategy, to tap on emerging market trends and opportunities in the SAARC region.
About Belkin India
Belkin India offers an extensive range of innovations, designed to give computer and consumer electronics users seamless integration in their homes, cars and on the go. Belkin, a privately held company founded in California in 1983, is the recognized global leader in connectivity solutions. Belkin is one of the fastest growing, privately held multinational corporations in the world.
Since its entry in India in early 2009, Belkin has taken rapid strides towards becoming a leading tech & digital lifestyle brand. Realizing this Vision, Belkin has already come a long way to become the market leader across its product lines and also having expanded its footprint beyond India to Bangladesh, Srilanka, Nepal and also Pakistan.
Belkin has an extensive hybrid channel model of traditional IT and modern retail across multiple formats & consumer electronic stores across the subcontinent. The company has ambitious plans for growth and considers the Indian market to be one of its most strategic, with a stated desire to be a market leader in the tech and digital lifestyle space.
CONTACT DETAILS
Tanya Singh, 20:20 MSL, +91 9910085036, Tanya.Singh@2020msl.com
Nikita Kejariwal, 20:20 MSL, +91 9167443578, Nikita.nadwani@2020msl.com
Vibhav Mehta, BELKIN, vibhavm@belkin.com
KEYWORDS
CONSUMER, LIFESTYLE, BUSINESS SERVICES, ELECTRONICS, IT, RETAIL, TECHNOLOGY
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