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Wellwin Announces Strategic Partnership with Acer

WhiteArrow News Service, Chennai, May 2, 2000.

Wellwin Industry Limited, a Chennai-based instrumentation company has its presence in IT, and auto electrical. Wellwins IT division is engaged in the peripheral distribution, system integration and networking and it has achieved a growth rate of 150 per cent for the last financial year ended.

Wellwin has maintained a growth rate of 50 per cent per annum, since its incorporation in 1995. The company has achieved net sales of Rs 34.84 crore for the year ended September 1999 and registered a net profit of Rs 4.97 crore for the same period.

The Partner

Acer Peripherals India Private Limited is Acer Peripheral Inc of Taiwans 100 per cent subsidiary in India and the Indian company caters to the business needs in the SAARC region. The company operations include manufacturing, marketing, customer support and logistics.

Acer Peripherals, part of the Acer Group is a leading manufacturer of computer peripheral, communication and consumer electronic products. Acer products are used across the globe and they have been acknowledged for its high quality, user-friendliness, sophisticated technology and cost-effectiveness.

Acer Peripherals today operates with 12000 people and revenues of US $ 1.4 billion. The revenue is expected to grow to US $ 3 billion in the year 2000.

The Winning Tie-up

Acer Peripherals have appointed Wellwin as their nationwide distributor for the entire peripheral product range of Acer in India. Acer will also distribute i-enabled products in future through this partnership. Wellwin shall also evolve Acer authorised service points across India, apart from distribution of Acer products. Wellwin will function as a catalyst in helping Acer aim at being close-to-market and deliver products and services to satisfy consumer needs.

This strategic partnership will add Wellwins product portfolio and yield a superior quality choice of products such as CD-ROMs, CD-RW, CD Media, DVD-ROMs, Scanners, CRT Monitors, LCD Monitors, Keyboards, etc. to the Indian IT consumers, says Mr R Rajagopal, Managing Director of Wellwin.

Wellwin Advantage

The B & C grade Indian cities have a higher growth rate than the average nation growth rate for computer peripherals, and Western and Southern pockets will witness the highest of hardware spending, as per the Map-IT study conducted by Data Quest and IDC in 1999-00.

Mr Satish, Marketing Director comments, Wellwin with its strong presence extended to the B & C Grade cities is preparing to cash on this growth. We are also well established in the South and West where the business is exploding.

Wellwin projects a huge potential for the scanners in the SOHO segment, which is shaping up in the upcountry market. The growing use of internet and e-mail will find the necessity of entry level scanners.

The CD Media currently caters to a relatively nascent market, which has a huge growth potential. Wellwin is planning to explore new markets rather than reaching the conventional channels. With respect to Acer monitors, Wellwin is planning for an extensive distribution into markets that are considered primitive. Acer has plans to promote the monitors with unique schemes at a later stage, once the manufacturing plant at Pondicherry goes operational.

Wellwin projects about Rs 25 crore of business from this venture in the current year and Rs 75 crore in the next year. Wellwins association with Acers adds more futuristic products to the company’s portfolio.