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Intex Technologies

From Wikipedia, the free encyclopedia
Indian multinational technology company

Intex Technologies
Company typePrivate
Industry
FoundedJanuary 1996; 29 years ago (1996-01)
FounderNarendra Bansal[1]
HeadquartersNew Delhi, India
Area served
Worldwide
Key people
Keshav Bansal
(Director)
Products
ServicesElectronics manufacturing services
RevenueIncrease6,200 crore (US$730 million)[2]
Number of employees
10,000+
Websitewww.intex.in

Intex Technologies is an Indianmultinationaltechnology company based inNew Delhi,India that manufacturessmartphones,consumer electronics, and other accessories. It also provides consumer electronic products such asMP3 players,DVD players andspeakers.[3] It was founded in 1996 and is headquartered inNew Delhi, India.[4][5]

History

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The company was established in 1996 atNew Delhi byNarendra Bansal.[6] Currently,Keshav Bansal, son ofNarendra Bansal, is the active director of the company.

In 2012, from an IT product company, Intex Technologies expanded its consumer durables portfolio with the entry inLED TVs business. TheLED TVs business has seen a growth of over 150% and the company has a 6% share in LED TVs and 3% share in washing machines nationally.[7][8]

IPL Team

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The company also owned anIPL franchise calledGujarat Lions in 2016 and 2017.[9][10]

References

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  1. ^Dwivedi, Vinay (20 June 2016)."My Enterprise: How Narendra Bansal grew Intex Tech turnover from Rs 1.18 cr to over Rs 6K cr".The Economic Times.
  2. ^"Intex Technologies expects 50% of revenue from consumer durables by 2017-end". Archived fromthe original on 22 August 2016.
  3. ^Datta, Aveek (20 September 2016)."As competition heats up, Intex's Bansals make some clever calls".Forbes India.
  4. ^"Intex Phones".NDTV Convergence Ltd.
  5. ^"Company Overview of IntexTechnologies (India) Ltd". Archived fromthe original on 14 March 2010.
  6. ^"How Narendra Bansal made Intex India's third-largest selling mobile phone".The Economic Times. Retrieved22 May 2017.
  7. ^"Intex Technologies targets 25% revenue share in consumer durables".Kochi:The Hindu Business Line. 6 August 2017.
  8. ^Kumar, Krishna (4 August 2017)."Intex consumer durable division to double turnover to Rs 2000 crore".The Economic Times.
  9. ^"Intex Wins Ownership Rights for New Indian Premier League Team".NDTV. Retrieved22 May 2017.
  10. ^Venkatesh, Shruti (22 June 2017)."Intex's Bansal keen to acquire IPL franchise".Forbes India.

External links

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Mobile devices
Consumer electronics
Computers
Semiconductors
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Mobility
  • Hero Electronix
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