It's been nearly four years since
href="https://www.dqweek.com/western-digital-appoints-redington-india-as-its-national-distributor">Western
Digital, the global storage solutions and devices maker,
entered the Indian market. Considering the strong competition from
other vendors like Seagate and Samsung, Western Digital has done a
good job in pushing its business in India from mere four percent to
35 percent in the storage market in this short span.
“Though we entered India a bit late,
looking back at the past three-four years, we had started at a very
negligent four percent and then moved to 35 percent of the market
today,” Sushil D Bandi, Country Manager-Indian subcontinent
Western Digital. However, the California-headquartered company is
very keen to improve its market share in the Indian market.
“Globally, Western Digital has a market share of around 40-45
percent and we want to get close to that figure in India in the next
couple of quarters,” Bandi said. In terms of storage market size in
India, Bandi explained there is no independent survey or research
study conducted, which can provide an estimate on the market size
here. But quoting a CSC report, he said the targeted addressable
market (TAM) for storage devices in India is estimated around
$1.2-1.3 million per quarter. According to Bandi, the company taps
the Indian market in three ways-channels, multinational
corporations (MNCs) accounts such as Dell, HP and the regional
original equipment manufacturers (OEMs) such as HCL, Zenith, Wipro
and others.
“The regional OEMs hold around 55-60
percent of the company's business here followed by the channel,
while the MNCs accounts, which are global accounts, are not counted
as part of India business,” he pointed out.
Recently, the company has restructured
India operations as part of Europe, Middle East Asia (EMEA) region.
Western Digital has manufacturing facilities in Thailand and Malaysia
along with a strong global presence with 62,000 employees. Asia
region contributes around 33 percent to the company's total revenue
and during the last financial year it reported $ 9.8 billion revenue.