China-based Transsion now eying India smartphone market
New Delhi, June 4: After strengthening its position in the Indian feature phone market, Chinese conglomerate Transsion Holdings is now looking at capturing a bigger pie of the competitive smartphone segment, the company's newly-appointed India CEO has stressed.
In 2017, the company sold approximately 130 million devices and achieved revenue of around 20 billion Yuan (Rs 21,000 crore) globally.
"After seeing tremendous growth for our brand itel in the Indian mobile handset market, we are now focused on creating a bigger space in the Indian smartphone market with a fresh line-up soon," Arijeet Talapatra, CEO of Transsion India, told hereon Monday.
The company is set to launch a series of Next-Gen smartphones aligned with the young consumers' needs in the country.
According to a CyberMedia Research (CMR) report, over the last one year, itel has emerged as the second largest player in the overall mobile phone market in India, capturing more than 9 per cent market share for 2017.
The brand registered an exponential growth of 217 per cent (year-on-year).
"We want to make itel a household name among Indian consumers," said Talapatra.
Transsion today has over 1,000 service touch points in India.
"Since our inception in India, we've been on a mission to provide a superior smartphone experience to all our customers through unique service proposition for all our brands," the CEO reiterated.
As the new CEO, Talapatra will lead the development and execution of the company's long-term strategy with a view to create shareholder value in alignment with the company's identity.
He will be responsible for leading the development and execution of long-term strategies, overall success of the organisation and making top-level managerial decisions.
"India is Transsion's second largest market after Africa. As per recent reports, we have already become the fifth largest mobile handset player in India," Talapatra told IANS.
Transsion Holdings recently launched its second exclusive "company-owned, company-operated (COCO)" service centre in India to provide customer services through its exclusive after-sales service brand called "Carlcare".
Transsion's previous COCO store was inaugurated at Noida in September last year.
"Owing to Carlcare's capabilities and faster repair efficiencies, we have strengthened our service commitment to the Indian customers by launching our second exclusive centre in Mumbai," Talapatra said.
According to the IDC, Transsion Group made its debut in the top 5 in India with more than three-fold annual growth in shipments in Q1 2018.
The China-based group has four brands under its umbrella -- itel, Tecno, Infinix and Spice.
In the first quarter of 2018, itel stood at third position with 13 per cent market share in the global feature phone market, said a Counterpoint report.
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Pakistan reports two more polio cases; Total tally now 52
ISLAMABAD: At least two more cases of poliovirus were reported in Pakistan, taking the number of infections to 52 so far this year, a report said on Friday.
“The Regional Reference Laboratory for Polio Eradication at the National Institute of Health has confirmed the detection of two more wild poliovirus type 1 (WPV1) cases in Pakistan," an official statement said.
The fresh infections — a boy and a girl — were reported from the Dera Ismail Khan district of Khyber-Pakhtunkhwa province.
“Genetic sequencing of the samples collected from the children is underway," the statement read. Dera Ismail Khan, one of the seven polio-endemic districts of southern Khyber Pakhtunkhwa province, has reported five polio cases so far this year.
Of the 52 cases in the country this year, 24 are from Balochistan, 13 from Sindh, 13 from Khyber Pakhtunkhwa, and one each from Punjab and Islamabad.
There is no cure for polio. Only multiple doses of the oral polio vaccine and completion of the routine vaccination schedule for all children under the age of five can keep them protected.
