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Supertron to expand its brand portfolio

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DQW Bureau
17 Sep 2010
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lang="en-IN"> style="font-size: 11pt;" size="2"> size="3">Kolkata-based

Supertron is all geared up to launch its range of mobile phones by

mid-October after its successful venture in the national distribution

space. “We will be shortly announcing the launch of our handphones

range in about
size="3"> style="background: transparent none repeat scroll 0% 0%; -moz-background-clip: border; -moz-background-origin: padding; -moz-background-inline-policy: continuous;">a

month's

ti
size="3">me.

Talks are on with China-based manufacturing units over this matter

and we have shortlisted three units for venture. Once we finalise the

manufacturing units, production
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face="Times New Roman, serif"> style="background: transparent none repeat scroll 0% 0%; -moz-background-clip: border; -moz-background-origin: padding; -moz-background-inline-policy: continuous;">will

commence,”

said

Deepak

Bhandari, Director, Supertron.
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lang="en-IN">

style="font-size: 11pt;" size="2"> size="3">Adding

to it VK Bhandari, Chairman, Supertron said, “After witnessing the

huge growth in the telecom sector and the opportunities in this

space, we have thought of venturing into this space as part of our

diversification plans.” The company has already made an investment

of Rs 1.5 crore to enter the mobile handset segment and will be

investing another Rs 5
size="3"> style="background: transparent none repeat scroll 0% 0%; -moz-background-clip: border; -moz-background-origin: padding; -moz-background-inline-policy: continuous;">

crore
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size="3">

for the venture.

lang="en-IN">

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Crossing

a

landmark turnover of Rs 900 crores last FY, the distributor is

focussing on branch expansion besides enhancing its own brand

portfolio by adding casing, keyboards, mouses, MIDs and other

peripherals in its dual brand; Supercomp and Solitaire. In this

endeavour, the company has inaugurated two new branches at Goa and

Coimbatore and will be coming up with another three branches at

Parwanoo (Himachal Pradesh), Surat and Siliguri post the festive

season.

lang="en-IN">

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style="font-size: 11pt;" size="2"> size="3">Goa

branch will have dual strategic advantages for us. On one side the

branch will cater to the market estimated at R
face="Times New Roman, serif"> style="background: transparent none repeat scroll 0% 0%; -moz-background-clip: border; -moz-background-origin: padding; -moz-background-inline-policy: continuous;">s

1

crore
size="3">

on a
style="background: transparent none repeat scroll 0% 0%; -moz-background-clip: border; -moz-background-origin: padding; -moz-background-inline-policy: continuous;">monthly
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basis which may add upto Rs 12 to 14 crore for Supertron. Also, on

account of the tax concessions offered in the territory, we are

expecting huge sales from the neighbouring cities and towns,” said

Nirmal Kumar Meharia, VP-Finance and Operation, Supertron.

lang="en-IN">

Also,

in

a target to cross Rs 1,400 crore as gross revenue this FY, the

company is looking to expand its portfolio and is looking to have

printer vendors in its kitty. Besides, by FY 13 and 14, the company

is expecting its consolidated revenue to cross Rs 2,000 crore.

lang="en-IN">

style="font-size: 11pt;" size="2"> size="3">As

a national distributor, we have the primary line of vendors in place.

However, this year, we are looking forward to have printers as well

in our range and are looking for vendor tie-ups. Also, we are

considering the software security space, although no concrete plans

have been made as of now,” Bhandari added. In its overall revenue

pattern, Acer's e-Machine has contributed to over 35 percent of the

turnover with Seagate accounting for about 14 percent. Solitaire and

Dell, together with Buffalo has been strong in its portfolio.
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