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Tech-Com India, a computer peripheral company that entered into the mobile handset segment recently, will sell its mobile phones in Africa, the Gulf, Nepal and Sri Lanka.
“In a small way, we have started selling in Nepal and Sri Lanka. While expanding our presence there, we will focus on newer markets abroad. We will sell our handsets in Dubai from this month,” Mr Sandeep Kedia, Director (in-charge of Mobile Business) of Tech-Com, told Business Line .
To begin with, the company would target on the low-end spectrum of the mobile business. The New Delhi-based company registered a turnover of Rs 153 crore in the financial year 2009-10, with a compounded annual growth rate of 35 per cent. “We are hoping to complete 2010-11 with a turnover of Rs 200 crore,” he said.
In India, the company was looking at share of 2-3 per cent in the total market of 1.3 crore units a month.
It had begun sales in December, 2010, in the North and entered the Southern market by opening sales in Bangalore this week. “Our next footprint will be in Hyderabad and Chennai,” he said.
“We have invested Rs 50 crore on research and development for mobile business and outsource manufacturing to China.
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