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PTron

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PTron
File:PTron logo.png
Private
ISIN🆔
IndustryMobile and electronics
Founded 📆2014 (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+
ParentPalred 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. 1.0 1.1 1.2 1.3 1.4 1.5 "PTron plans unit in Hyderabad". Telangana Today. Retrieved 15 October 2019.
  2. 2.0 2.1 2.2 "Mobile Accessories Brand PTron Records Rs 50 cr in Sales". News18. Retrieved 15 October 2019.
  3. "PTron partners with US-based mobile accessories distributor". BTVI. Retrieved 29 October 2019.
  4. http://www.palred.com/leadership_team.html
  5. 5.0 5.1 "Mobile accessories brand PTron expands offline network in India". The Economic Times. Retrieved 15 October 2019.
  6. "Overseas foray: PTron hopes to crack US market for mobile parts". Business Line. Retrieved 15 October 2019.
  7. "PTron crosses Rs 50 cr in sales". Telangana Today. Retrieved 29 October 2019.
  8. "Palred Technology Services Pvt Ltd Signs An Agreement With Amazon India To Sell Xmate Brand Of Products". Business Line. Retrieved 15 October 2019.
  9. "PTron, India's Leading Mobile Accessories Brand Goes Global". Silicon India. Retrieved 29 October 2019.
  10. "PTron Appoints Mojo International as its Exclusive Distributor for North India". Digital Terminal. Retrieved 29 October 2019.
  11. "Ptron : Poised to Become A Global Brand". SME World. Retrieved 31 October 2019.

External links[edit]


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