PTron
File:PTron logo.png | |
Private | |
ISIN | 🆔 |
Industry | Mobile and electronics |
Founded 📆 | 2014 |
Founder 👔 | Ameen Khwaja[1][2] |
Headquarters 🏙️ | Hyderabad, Telangana, India |
Area served 🗺️ | India, United States, Canada, Italy, Romania, Indonesia, Malaysia, Tunisia, Fiji, Myanmar, Nepal, Colombia, Bangladesh, Ghana[3] |
Key people | Palem Srikanth Reddy (Chairman), Ameen Khwaja (Founder / CEO), Harish Naidu (Director)[4] |
Products 📟 | Electronic accessories[5] |
Members | |
Number of employees | 200+ |
Parent | Palred Electronics |
🌐 Website | [Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] |
📇 Address | |
📞 telephone | |
PTron is a mobile accessories manufacturer headquartered in Hyderabad, India.
History and operations[edit]
PTron was founded in 2014 by Ameen Khwaja, CEO of Palred Electronics (a subsidiary of Palred Technologies). In 2015, it opened an office in Shenzhen, China[6] and began manufacturing products from there. In its first two years of launch, the company claimed to have recorded ₹ 50 crore in sales, (as of 2019, equals US$7.04 million) having sold more than one million products.[2] As of 2019, the company has sold over 5 million mobile accessories including headphones, bluetooth audio devices, smartwatches and power banks.[2][1][7] The company initially sold products through its retail platform LatestOne, before expanding to other e-commerce platforms such as Amazon, Flipkart and Snapdeal.[1][8][9]
As of 2019, PTron sells its products in various countries such as United States, Canada, Italy, Myanmar, Hong Kong, Israel and Indonesia.[1] According to Khwaja, Hyderabad, Chennai and Delhi are the major markets for the company within India, while selling products through more than 1000 offline stores in other cities.[1][10] By 2018, the company had more than 40 distributors in 12 states in India.[5]
In August 2019, PTron announced its plans to set up an assembly plant in Hyderabad (under Make in India)[11] which is expected to handle two-thirds of its manufacturing requirements.[1]
References[edit]
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 "PTron plans unit in Hyderabad". Telangana Today. Retrieved 15 October 2019.
- ↑ 2.0 2.1 2.2 "Mobile Accessories Brand PTron Records Rs 50 cr in Sales". News18. Retrieved 15 October 2019.
- ↑ "PTron partners with US-based mobile accessories distributor". BTVI. Retrieved 29 October 2019.
- ↑ http://www.palred.com/leadership_team.html
- ↑ 5.0 5.1 "Mobile accessories brand PTron expands offline network in India". The Economic Times. Retrieved 15 October 2019.
- ↑ "Overseas foray: PTron hopes to crack US market for mobile parts". Business Line. Retrieved 15 October 2019.
- ↑ "PTron crosses Rs 50 cr in sales". Telangana Today. Retrieved 29 October 2019.
- ↑ "Palred Technology Services Pvt Ltd Signs An Agreement With Amazon India To Sell Xmate Brand Of Products". Business Line. Retrieved 15 October 2019.
- ↑ "PTron, India's Leading Mobile Accessories Brand Goes Global". Silicon India. Retrieved 29 October 2019.
- ↑ "PTron Appoints Mojo International as its Exclusive Distributor for North India". Digital Terminal. Retrieved 29 October 2019.
- ↑ "Ptron : Poised to Become A Global Brand". SME World. Retrieved 31 October 2019.
External links[edit]
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