Business growth spurs Acer to join Savex

By siliconindia   |   Monday, 29 September 2008, 19:30 IST
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Bangalore: To scale up their operations in compliance with the growing monitor market, Bangalore based Acer India has joined hands with Mumbai based Savex Computers. The market share of the company rose to 20.1 percent in Q2 2008 from 12.8 percent in Q2 2007. According to S Rajendran, Chief Marketing Officer, Acer India, "By partnering with Savex Computers to increase our distribution across the country we hope to continue this growth trend through the second half of 2008 as well." The firm plans to scale its operations to the next level for their growing monitor business in India. With over 40 sales offices in India, the tie up with Savex Computers is designed to increase access and provide additional resources for Acer's channel network to address the growing demand for Acer products in the monitor market. Savex Computers operates using specialized regional transporters that will further help Acer to increase its bandwidth and increase the availability of Acer's LCD monitors in the tier II and tier III cities across India. Acer currently employs 5,300 people worldwide and had registered $11.32 billion of revenue and it expects revenue in India for 2008 to touch 1, 800 crore. Anil Jagasia founded Savex Computers through its 40 sales offices and stock locations across the country, ensures IT distribution. It offers logistics, inventory management, flexible credit financing for dealers, a national channel reach and an account management system. This IT distributor cater to 5000 channel partners, retailers, corporate resellers, value-added reseller (VAR) and system integrators.