NETGEAR Technologies Embarks upon Second Phase of Growth

Published 25th April 2008

NETGEAR Technologies India Pvt. Ltd., a subsidiary of the $727.8 million NETGEAR Inc. US, has reiterated its commitment on India and Indian sub-continent. As a part of its commitment, NETGEAR brings out a wide array of custom-built products for the Indian SMB customers. At the same time, for the wider reach, the company has also focussed on expanding its distribution relationships. NETGEAR has its products grouped into four major segments: Ethernet Networking, Broadband, Wireless Networking and storage, which include switches, adapters, secure wired and wireless routers, gateways and storage (NAS) boxes for the SMBs.



Mr. Patrick Lo, Founder, Chairman and Chief Executive Officer, NETGEAR INC, said: “India is a strategic market for us. We understand that SMB sector India is growing aggressively. From the perspective of NETGEAR, our focus will be to bring new innovative products at a great value. Secondly, we will also focus on strengthening our market reach. We are investing in expanding our feet in the street so that we remain closer to the customers."



"India is also a high-growth market vis-à-vis rest of APAC market, our clientele have grown manifold. It gives us immense pleasure that the third party (IDC DQ Channels) has rated us as the second largest networking company in the Indian SMB market. The heartening thing is that the difference between the number one and two is marginal. This gives us an impetus to be aggressive in the Indian market,” says Mr. Lo.



“We are investing in creating focussed teams within the organization, who can work aggressively on various high-growth vertical markets i.e. Education, Retail, BFSI, Government and PSUs, added Mr. Lo”



Mr. Kerman Rana,Managing Director, Central Asia Pacific, says, “NETGEAR India is growing faster in this region because of our innovative products and solutions. Moving along the line of our commitment to India, we will be bringing out the new families of next-generation Wireless-N networking solutions, ReadyNAS advanced network-attached storage solutions, built-for-business ProSafe switches, security and wireless solutions, wired and wireless network bridges and extenders, and carrier-grade broadband gateway solutions to India. These are the solutions we had exhibited at CeBIT 2008 and earned high adulation.



Speaking at the conference, Mr. Lo said, “Net Gear India continues its exponential revenue growth year on year and our expectation is that we will put up a better performance for next couple of years.”



Mr. Atul Jain, Country Manager –NETGEAR Technologies, India & SAARC said, “This is the second visit of our founder Chairman, Mr. Patrick Lo to India which clearly suggests his interest and the company’s focus and commitment to this country. At the micro-level, our focus is to go deep into the smaller places and demonstrate our capabilities. We believe apart from metros, there is a huge market in B and C class cities, which are growing more than the metros. We are investing in channel training programmes, customers’ awareness programmes, road shows etc. to grasp these markets”



“As Patrick says, we will have a much accelerated growth this year because our plans are executed at the right time and right direction. This year, we have strengthened our distribution network by taking Ingram Micro on board. However, we have been working with Rashi Peripherals and Cyberstar Infocom Ltd. for a long time. Complementing each other, these three companies will contribute to the growth of NETGEAR fabulously,” he added.



About NETGEAR® India Pvt. Ltd.

NETGEAR® India Pvt. Ltd. is the subsidiary of$727.8 million Netgear Inc. US. NETGEAR designs technologically advanced, branded networking products that address the specific needs of small and medium business and home users. The Company's product offerings enable users to share Internet access, peripherals, files, digital multimedia content and applications among multiple personal computers and other Internet-enabled devices.