Capdase exploring local production; eyes USD60 mn biz in 3 yrs

The company has been selling accessories for iPhones in India on select stores. The accessories include phone covers, power bank, car mobile chargers, adapters, USB cables, selfie camera etc.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney IThe Winning Leap SME Special
Moneycontrol

Home » News » Business

Nov 29, 2016, 08.29 PM | Source: PTI

Capdase exploring local production; eyes USD60 mn biz in 3 yrs

The company has been selling accessories for iPhones in India on select stores. The accessories include phone covers, power bank, car mobile chargers, adapters, USB cables, selfie camera etc.

Like this story, share it with millions of investors on M3

Capdase exploring local production; eyes USD60 mn biz in 3 yrs

The company has been selling accessories for iPhones in India on select stores. The accessories include phone covers, power bank, car mobile chargers, adapters, USB cables, selfie camera etc.

Post Your Comments

Share Cancel

| 1 Comments
Capdase exploring local production; eyes USD60 mn biz in 3 yrs
Hong Kong-based mobile accessories maker Capdase is exploring the option of setting up a manufacturing unit in India as it expects a revenue of USD 60 million in next three years.

"India has been our top priority market. We have been present here since 2004 but now we are scaling our business in partnership with YMS Mobitech. We expect to generate revenue of USD 10 million in this year and USD 60 million over next three years. We are exploring manufacturing option in India as well for quick supply to local market and save on taxes," Capdase Channel Manager Roy Chan told reporters here.

The company has been selling accessories for iPhones in India on select stores. The accessories include phone covers, power bank, car mobile chargers, adapters, USB cables, selfie camera etc.

"We will now expand our product portfolio to cover Android smartphones in India. At present we sell through around 1500 retailers and generate annual business of USD 2.4 million.

With YMS our reach will increase multifold," Chan said.

YMS Mobitech, a company with electronic distribution platform, distributes Xiaomi and Leeco products.

"We have now entered into exclusive partnership with Capdase. We currently reach out to around 11,000 retailers across 383 cities. This will increase reach of Capdase products by over 7 times. YMS Mobitech will provide door step service to customers for Capdase products," YMS Mobitech Co-founder Ajay Laddha said.

Buy, Hold, Sell ? Hear it first on M3
Capdase exploring local production; eyes USD60 mn biz in 3 yrs

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login