ATI Electronics launches Philips Power Banks and other Mobile Accessories in India; signs exclusive deal with Flipkart.
Mumbai, November 28, 2017: ATI Electronics India Pvt Ltd, the exclusive OEM partner and distributor for Philips Accessories in India has recently announced its foray in the Indian market. Known for its best-in-class quality and hi-end technology, the brand has launched a host of products under its umbrella for the technology segment like Power Banks, Bluetooth headsets, Micro, HDMI and Lightening Cables, Chargers and Surge Protectors among others.
There aren’t many well-known multi-national brands serving the mobile accessories segment in India. With its foray, ATI Electronics aims to fill the void in the higher end of the mobile accessories market. Power Banks being most popular among the various products launched by the Company, ATI is launching around 10 models of Power Bank for the style and quality conscious consumers, varying from 2600mAh to 13000mAh. In addition, ATI Electronics is also launching High Speed HDMI Cables, fast charging Apple sync and lighting cables, Car & home wall chargers and Universal Power Sockets (Surge Protectors) among others.
The brand is being launched in India this week. The products are aggressively priced between Rs.199/- and Rs.2,999/-. ATI Electronics has tied up with Flipkart to sell some of the premium Philips Power Banks exclusively on its online marketplace.
Speaking about the foray into the Indian market, Mr. Murli Manohar Jha, CEO, ATI Electronics India Pvt. Ltd., said, “India is one of the fastest growing market for mobile accessories in the world and the second largest growing market for smart phones. The growth in smartphone sales is bound to spike the demand for mobile accessories and we fit in at the higher end of the market. The manner in which India adopt new technological innovations, makes it one of the most lucrative market for any tech Brand. We are proud to partner and bring Philips Accessories to India and are happy that we have finally entered this market and look forward to a great association with Flipkart.”
Sharing his views about the exclusive tie-up, Mr. Hari Kumar – Senior Director, Electronics at Flipkart said, “We are excited to be the exclusive partner for the launch of Philips Mobile Charging portfolio. Philips would be a strong brand addition in the Mobile Charging space where we are the undisputed market leaders. Power Bank is a focus category for Flipkart in Electronic Accessories where we have more than 70% of the online and nearly 25% of the All India market share. As a market leader, Flipkart is continuously solving for wider selection availability, affordable pricing with unmatched service levels.”
ATI Electronics India Pvt Ltd is in the process of establishing its chain of distribution network all across India. Soon, Philips Accessories will be available all across India on both online and multi brand offline mobile stores. For more information, please visit www.atielectronics.in.
About ATI Electronics: ATI Electronics India Pvt Ltd, is an affiliate of ATI Electronics (Shenzhen) Co., Ltd, a Sino-US multinational electronics contract manufacturing JV, established in 1999. Headquartered in Shenzhen, China, it is one of the largest electronics OEM manufacturer, specializing in Bluetooth & Wireless products. At present the company is innovating in the field of Smart Home and IOT. With its in-house most modern R&D facilities, the company caters to brands like Samsung, Philips, Motorola, Altec Lansing etc. ATI Electronics India Pvt Ltd has been formed with the vision of participating in Government of India’s “Make In India” program and bring their manufacturing innovation and expertise to the Indian market. The company is also planning to establish its state of the art assembly cum manufacturing unit in the City of Bangalore, Karnataka.
For more information, please contact:
Vibhuti Amarnath Agrawal
Director – MAV Communications