Intex Technologies

Intex Technologies is an Indian multinational electronics manufacturing services company that manufactures smartphones, consumer electronics, and other accessories. It also provides consumer electronic products such as MP3 players, DVD players and speakers.[3] It was founded in 1996 and is headquartered in New Delhi, India.[4][5]

Intex Technologies
TypePrivate
Industry
Founded1996 (1996)
FounderNarendra Bansal[1]
HeadquartersNew Delhi, India
Area served
Worldwide
Key people
Keshav Bansal (Director)
Products
ServicesElectronics manufacturing services
RevenueIncrease ₹6,200 crore (US$780 million)[2]
Number of employees
10,000+
Websitewww.intex.in

History

The company was established in 1996 at New Delhi by Narendra Bansal.[6] Currently, Keshav Bansal, son of Narendra Bansal, is the active director of the company.

In 2012, from an IT product company, Intex Technologies expanded its consumer durables portfolio with the entry in LED TVs business. The LED TVs business has seen a growth of over 150% and the company has a 6% share in LED TVs and 3% share in washing machines nationally.[7][8]

IPL Team

The company also owned an IPL franchise called Gujarat Lions in 2016 and 2017.[9][10]

References
  1. Dwivedi, Vinay (20 June 2016). "My Enterprise: How Narendra Bansal grew Intex Tech turnover from Rs 1.18 cr to over Rs 6K cr". The Economic Times.
  2. "Intex Technologies expects 50% of revenue from consumer durables by 2017-end".
  3. Datta, Aveek (20 September 2016). "As competition heats up, Intex's Bansals make some clever calls". Forbes India.
  4. "Intex Phones". NDTV Convergence Ltd.
  5. "Company Overview of IntexTechnologies (India) Ltd". Archived from the original on 14 March 2010.
  6. "How Narendra Bansal made Intex India's third-largest selling mobile phone". The Economic Times. Retrieved 22 May 2017.
  7. "Intex Technologies targets 25% revenue share in consumer durables". Kochi: The Hindu Business Line. 6 August 2017.
  8. Kumar, Krishna (4 August 2017). "Intex consumer durable division to double turnover to Rs 2000 crore". The Economic Times.
  9. "Intex Wins Ownership Rights for New Indian Premier League Team". NDTV. Retrieved 22 May 2017.
  10. Venkatesh, Shruti (22 June 2017). "Intex's Bansal keen to acquire IPL franchise". Forbes India.
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