IBC Systems on expansion mode

Signalling its plans for expansion in Orissa upcountry, IBC Systems

inaugurated its second showroom in Paralekehmundi in Gajpati district of Orissa.

Inaugurated by DM Rao, Director of Orissa-based Centurion Group which owns 17

science colleges and three engineering colleges in the state; the new showroom

will be a multi-brand outlet showcasing primarily laptops and desktops.

“As part of our development plans to reach to districts of southern Orissa,

the new showroom is an initiative to tap the vast potential of the engineering

colleges based in this location. Already we have an office in this district;

however, we thought of extending our reach to maximise presence in the district.

Henceforth, the new showroom will be the headquarter of IBC in Gajapati,” said

Balakrishna Sahu, Proprietor, IBC Systems.

The area has seven engineering colleges, including big ones like JITM, GIIT,

MIST and EIETA. Focussing on the student community, IBC is on its move to tap

the education sector across southern Orissa. In this move, IBC has already

supplied IT equipment, including laptops and desktops in all major engineering

and management colleges in the region, and is about to implement W-LAN project

in JITM by the end of this year.

Founded in 2002 with a meagre capital of Rs 50,000, IBC Systems is based in

Beharampore and has presence across four major upcountry locations in south

Orissa. Although the company is focussed on retail, it has also focussed on

sub-distribution. IBC is a sub-distributor for the IPG range of laptops for HP

and Compaq for south Orissa.

“Even though we have presence in sub-distribution business, yet our prime

focus is on retail and corporate clients. Retail provides flexibility of

decisions and is lucrative in the state. Also, with steady supply and stocks, we

are on our move to tap the corporate segment also,” Sahu added.

For this FY, the company is targeting to achieve a total turnover of Rs 5.5

crore after its successful venture last year when IBC earned a total turnover of

Rs 3.5 crore from the upcountry market alone.