HCL Infosystems in talks to distribute Apple products in India

Currently, Apple has distribution tie-ups with companies like Ingram Micro, Redington, Rashi Peripherals and Beetel Teletech in India.

PTI July 18, 2017 20:06:17 IST
HCL Infosystems in talks to distribute Apple products in India

New Delhi: HCL Infosystems on Tuesday said it is in discussion with tech giant Apple to distribute the US-based company's products in India.

In a regulatory filing, HCL Infosystems said it signed a non-disclosure agreement with Apple India on 23 December, 2016 and expressed interest in taking up distribution of Apple products in India.

Apple had released a RFP (Request For Proposal) on 16 January, and HCL Infosystems participated in the RFP on 9 February, it added.

HCL Infosystems in talks to distribute Apple products in India

Representational image. Reuters

The Indian firm, however, noted that commercial discussions, including the terms of engagement, are yet to commence.

"A definitive agreement for distributorship will be executed only upon conclusion of the negotiations and subject to our compliance to the terms of engagement," HCL said adding that it will communicate it to shareholders and the bourses when that happens.

HCL is a strong player in this space and distributes mobile phones of Lenovo, Motorola and Nokia among others.

A partnership with HCL is also expected to be beneficial to Apple as it will its enhance presence in more Indian cities.

Currently, Apple has distribution tie-ups with companies like Ingram Micro, Redington, Rashi Peripherals and Beetel Teletech in India.

HCL Infosystems said it is in various stages of discussions with multiple OEMs (handset makers) for distribution arrangement of their products.

This follows the company's decision to move from single brand to multi-brand distribution model for its consumer distribution business.

Updated Date:

Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.

also read

Here’s A Handy List of All the Premium Products You Must Buy during Flipkart’s Big Billion Days
Brands

Here’s A Handy List of All the Premium Products You Must Buy during Flipkart’s Big Billion Days

Start wishlisting your favourite premium products and buy them during the Flipkart’s Big Billion Days Sale that will run from 16th Oct to 21th Oct.

Nokia 5.1 starts receiving Android 10 update in India: All you need to know
News & Analysis

Nokia 5.1 starts receiving Android 10 update in India: All you need to know

Nokia 5.1 comes with a 5.5-inch display with a Full HD+ resolution with an 18:9 aspect ratio.

Nokia launches six smart TVs in India at a starting price of Rs 12,999
News & Analysis

Nokia launches six smart TVs in India at a starting price of Rs 12,999

All the new smart TVs will be available for purchase on 15 October during the Flipkart Big Billion Days sale.