Avnet India surpasses $100 million

September 6, 2007

The Indian business of Avnet Electronics Marketing has surpassed US$100 million in revenues in Asia. With over 300 clients in India and a workforce of over 80 professionals, the company has enhanced the service level provided to customers not only by expanding geographical coverage in key Indian cities through its offices in Bengaluru; Hyderabad, New Delhi and Pune, but also by providing a wider product portfolio.

"We are pleased that Avnet has achieved a major milestone in the country by crossing $100 million for fiscal year 2007. With the largest share of the market, Avnet is a leading and dominant player in India in our business," said Stephen Wong, president, Avnet Electronics Marketing, Asia.

"We set goals to focus on new and emerging markets, expanding customer base and offering customers both design help through the demand creation and integrated supply chain services to customers. For every strategy established, we set our hearts and minds to outshine as a leading provider to service our customers," said Ramani Sundaresan, country head, Avnet Electronics Marketing, India.

As part of its expansion plans, and keeping the future in mind, the Avnet Electronics Marketing recently moved to a new facility to cater to the increase in workforce and specialized equipment in the Company's lab, which enables the Company to extend its technical and design support especially in segments such as low-power wireless designs.

Source: Avnet Electronics Marketing