Advantech expands into India
Advantech has opened a new office in Bangalore city, which is popularly known as the Silicon Valley of India.
Advantech has opened a new office in Bangalore city, which is popularly known as the Silicon Valley of India.
Advantech India was formally opened by David Soon, Regional Managing Director of Advantech South Asia Pacific Region, on 5th September 2005.
Advantech Singapore initiated the market development into India in 2002.
In 2003, Advantech Singapore selected its first local resident sales manager to promote Advantech as the Trusted ePlatform Service Provider.
The effort has been rewarding, and the growing team of technical support, channel management and marketing continue to fulfil expansion needs.
In early February 2005, Advantech decided to form AIN as one of its regional business units and to further develop the Indian market.
The India team has been expanded and moved from a home office setup to a new office premise.
Elaborating on the expansion into the Indian market, David Soon, Regional Managing Director of Advantech South Asia Pacific Region, said: "India is the 4th largest economy, as shown in the recent studies of GDP ranking".
"We should be able to play a major part, contributing to the growth of India's industry".
"The Singapore-India Free Trade Agreement (FTA) and Comprehensive Economic Co-operation Agreement (CECA) will also be advantageous in long run".
"The timing is perfect for Advantech to capitalise on the various trade benefits and increase our presence in India".
Satish Allampalli, General Manager of Advantech India commented that Advantech's focus is on hardware while India has the perfect complementary software abilities on solutions.
"This is a real benefit to the Indian industry, it will be an ideal match", he added.
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