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50. GADGET STORE: Gets Visibility

DQC News Bureau

25 Sep 2002 00:00 IST

Updated On 25 Sep 2002 05:27 IST

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TEXONIC

CEO	:	Naveen Bhandari
START-UP YEAR	:	1997
NO OF PARTNERS	:	500
BRANCHES	:	2
PRODUCTS AND SERVICES	:	Hardware, peripherals and networking products
AGENCY OPERATIONS	:	TVSE, D-Link, Avaya cabling products and Deltafull Enterprises
ADDRESS: 9, Athipattan Street, Mount Road, Chennai - 600002, TEL: 044-8534405, 8410638, FAX: 044-8535187 WEB SITE: www.texonic.com

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Newcomer Texonic Instruments recorded a drop of 18 percent in its agency revenue during the fiscal 2001-02. The company registered a revenue of Rs 36 crore, as compared to the previous fiscalÂ´s turnover of Rs 44 crore, managing to just make it to the Next 25 Group.

Despite the negative growth, Texonic Instruments gained ground in ChennaiÂ´s IT market by launching TechZone–IndiaÂ´s first exclusive gadget store. The company also hopes to appoint franchises in Delhi, Mumbai, Hyderabad, Pune and Bangalore by 2003, to open similar gadget stores.

The company has projected a turnover of Rs 1.5 crore from this division.

With close to 250 products on display, Texonic is an importer-distributor for components, networking and security products.

Texonic is also an authorized dealer for TVSE, an exclusive distributor for D-Link, a master reseller for Avaya cabling products and distributor for

Deltafull.

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