Netgear Technologies on an expansion spree in India
Released on = September 7, 2006, 2:39 am
Press Release Author = manjri
Industry = Computers
Press Release Summary = Seeing the large growing market opportunity in India, Netgear Technologies India Pvt. Ltd. has decided to spruce up its presence in the country. It is planning to unveil a number of India specific products targeting at the domestic customers in the remaining part of financial year 2006-07, while expansion of manpower and marketing is in the pipeline.
Press Release Body = Seeing the large growing market opportunity in India, Netgear Technologies India Pvt. Ltd. has decided to spruce up its presence in the country. It is planning to unveil a number of India specific products targeting at the domestic customers in the remaining part of financial year 2006-07, while expansion of manpower and marketing is in the pipeline.
As Vice President (Asia Pacific Sales), Netgear, Ian McLean said, "India is a huge market for us and to cater to this growing India market, we are putting greater resources in the Indian market. We already have a strong presence among the home and medium enterprise market and products like VPN, SSN, Gigabit stackable switches with 10 G options will further enhance our market share. In the last 30 months or so, we have successfully added a number of clients in India and further want to increase the number."
The company further wants to invest in manpower development to meet the growing demand in the Indian market. It will be focusing more on VPN and Security products this year. The company is targeting to close at 18-20 percent of the market share by the end of the year. The main segments that the company will be focusing on are SMB and retail.
Netgear also just completed a hugely successful 21-city nationwide training programme for its channel partners. Giving more details on it Country Manager, Netgear Technologies, India and SAARC region, Yogesh Kumar Sharma said, "The 21 city training programme was a huge success and we received participation from over 1000 partners. Channel partners were given hands on training and live demo of future technology products."
"Our focus is to target not only the metropolitan markets but also to penetrate the B and C category cities through innovative marketing and promotional campaigns such as road shows", he added.
Netgear India has already doubled its revenues in 2005 over the previous year and expects better growth in the current financial year in India and in the entire SAARC region. It is also strengthening its technical support help line toll free number to enhance its customer care services.
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