| 9.Savex Computers :A Good Show One of the fastest growing service providers of last fiscal Savex
Computers plans to a make inroads into tier-2 and -3 cities to keep up this
momentum
In 2006-07, Savex Computers achieved a growth rate of 36 percent growing its
revenues from Rs 296 crore to Rs 459 crore. Maximum of this revenue came from
the West and South, with the two contributing 35 and 34 percent respectively.
The northern market pitched in 28 percent to the overall revenue, while East
registered marginal three percent.
Savex Computers opened three new branches in 2006-07, taking the total number
of branches to 33. Besides the opening of new branches, it also saw an increase
in the number of employees by a whopping 20 percent. Of these, 76 people are
involved in sales and marketing, and the company hopes to induct another 14
people to this division in the current fiscal.
Savex added HP consumer desktops, laptops and printers to its existing list
of brands during 2006-07. The HP tie-up was most significant development for
Savex because it was lacking a printer range in its portfolio since it
discontinued selling Lexmark two years ago.
HP has signed up Savex to distribute its Presario range of consumer PCs and
notebooks in the northern, southern and western regions. Almost half of this
distributor's revenue came from the HP product line. The company's Samsung
business also witnessed good traction boosted by the increased demand for TFT
and LCD panels.
This fiscal, the company hopes to leverage the Presario sales to push HP
pavilion products more effectively in the market. It has already tied up with
large-format retailers like Croma, eZone, Reliance, etc to sell these
lifestyle-oriented products, and expects 10 percent of its overall revenues to
come from this business line.
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Profile
CEO: Anil
Jagasia
Start-up year: 1998
Employees: 197
Collaborations: Logitech, HP, Samsung
Address: 124, Maker Chambers-III, Nariman
Point, Mumbai - 400021
Tel: 022-22881616
Website:
www.savexcomputers.com
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HIGHLIGHTS
- Implementation of the Industrial and
Financial Systems' ERP application
- Added HP consumer desktops, laptops and
printers to their existing list of brands
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SILVER CLUB RANK (2005-06): 9 |
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