NETGEAR has its products grouped into four major segments: Ethernet Networking, Broadband, Wireless Networking and storage, which include switches, adapters, secure wired and wireless routers, gateways and storage (NAS) boxes for the SMBs.
Patrick Lo, Founder, Chairman and CEO, NETGEAR INC., said: "India is a strategic market for us. We understand that SMB sector in India is growing aggressively. From the perspective of NETGEAR, our focus will be to bring new innovative products at a great value. Secondly, we will also focus on strengthening our market reach. We are investing in expanding our feet in the street so that we remain closer to the customers."
"India is also a high-growth market vis-à-vis rest of APAC market, our clientele have grown manifold. It gives us immense pleasure that the third party (IDC DQ Channels) has rated us as the second largest networking company in the Indian SMB market. The heartening thing is that the difference between the number one and two is marginal. This gives us an impetus to be aggressive in the Indian market," Lo adds.
"We are investing in creating focussed teams within the organization, who can work aggressively on various high-growth vertical markets i.e education, retail, BFSI, government and PSUs," he said.
Kerman Rana, MD, Central Asia Pacific, said, "NETGEAR India is growing faster in this region because of our innovative products and solutions. Moving along the line of our commitment to India, we will be bringing out the new families of next-generation Wireless-N networking solutions, ReadyNAS advanced network-attached storage solutions, built-for-business ProSafe switches, security and wireless solutions, wired and wireless network bridges and extenders, and carrier-grade broadband gateway solutions to India. These are the solutions we had exhibited at CeBIT 2008 and earned high adulation.
Lo said, "NETGEAR India continues its exponential revenue growth year on year and our expectation is that we will put up a better performance for next couple of years."
Atul Jain, country manager, NETGEAR Technologies, India & SAARC said, "At the micro-level, our focus is to go deep into the smaller places and demonstrate our capabilities. We believe that, apart from metros, there is a huge market in B and C class cities, which are growing more than the metros. We are investing in channel training programmes, customers' awareness programmes, road shows etc. to grasp these markets."
"We are looking forward to a much accelerated growth this year because our plans are executed at the right time and right direction. This year, we have strengthened our distribution network by taking Ingram Micro on board. However, we have been working with Rashi Peripherals and Cyberstar Infocom Ltd. for a long time. Complementing each other, these three companies will contribute to the growth of NETGEAR," he added.
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