PC Assembler Intex Has Manufacturing Ambitions

New Delhi: | Updated: Jan 22 2003, 05:30am hrs
Domestic hardware player Intex Technologies is planning to manufacture personal computers, cabinets and speakers in India. In line with its plans, the company is evaluating options to set up its first manufacturing base in either Uttranchal or Himachal Pradesh (HP).

In the next two years, the company intends to recruit around 200 people for its manufacturing base. We already have an assembly unit in Delhi with 20 people and, seeing the response, we are planning to set up a manufacturing base in India, Intex Technologies India Ltd managing director Narendra Bansal said.

Presently, the company is shipping PCs, cabinets, speakers and other peripherals from China through its outsourcing partner. The company is also outsourcing its manufacturing requirement of unlimited power supply (UPS) and batteries to domestic companies. Mr Bansal refused to divulge the names of the companys outsourcing partners.

The manufacturing base will not only serve the companys internal requirement but will also cater to the demands of other OEMs (original equipment manufacuturers) in the country, Mr Bansal said. The company has already received an order from a domestic OEM for PCs and cabinets.

Already the company claims to ship around 500 personal computers (PCs) per month from China to India, the company expects a demand of 1000 units per month.

We will be investing around Rs 8 crore in the coming two years in this base. We are planning to partly raise the funds through private placement and for the rest we will invest internally, he said.

For March 2002, the company earned revenue of Rs 32 crore and profit of Rs 51 lakh. The company started in 1996 with Ethernet cards.

Intex Technologies now has nine branches, two super distributors, over 300 distributors, around 10,000 dealers and a national service network.

Intex Technologies is a part of the Rs 100 crore Intex Group. The group offers around 200 hardware and hardware related products through its other subsidiaries including Intex Infosolutons Ltd, Whiteline Telecom and some other companies.