Modi Infosol forays into telecom and retail

Modi Infosol, earlier known as Modi Peripheral, a Delhi based regional distributor has forayed into telecom and retail business. The company is aggressively looking at this space. Of late, it has signed up partnership with major mobile handset companies and set up a separate telecom channel. While explaining the new line of business, Shyam Sunder Modi, director, Modi Infosol said, "This year, we have expanded our distribution platter, while having alliance with principal companies like Asus, Ricoh, Acer, Motorola, Philips, Viewsonic and Samsung. Apart from our IT business, which is mainly for HP commercial range of products and Microsoft. We had decided to expand our horizon from IT to telecom and retail. In the current IT distribution business, selling pure IT is becoming challenging, therefore we diversify into retail and telecom. Currently, our telecom business is contributing Rs 2 crore every month."

All the above partnerships are largely limited to Delhi and some parts of northern region. Moreover, for retail business, the company has formed a separate company under the name of New Age Techsol. In the telecom space, Modi has added Acer tablets and smartphones, followed by Motorola mobile in Central Delhi, Philips mobile, Viewsonic tablets, whereas in the IT business, it has added Asus notebook and netbook and Ricoh entry level printers. However, the company has discontinued its alliance with Toshiba laptops. "We are quite bullish on the Asus laptops business. We have sold 1,500 units of SKUs in last month and seeing a rapid growth mo- m. To push our telecom sales, we have appointed 125 new telecom partners in Delhi. On the retail front, we have added Samsung and opened our retail store, dubbed as Samsung Smart Cafe in Delhi for its complete range of mobile phones, laptops, and cameras," Modi concluded.