CELETRONIX INDIA: The Comeback Trail

The company is back in the reckoning and so close to being a Top 20 company once again after its precipitous fall off the ranks last year.

Re-christened as Celetronix, signifying a closer tie-in with electronics, the strategy was to reduce its reliance on head-stack assemblies for hard disk drives by diversifying into newer electronics manufacturing opportunities. The year saw Celetronix reaching critical mass in some of these new product categories.



The company is reportedly close to signing up one of the world's largest PC vendors for power supplies. Celetronix owes its success in this area to a well-timed acquisition of a company that had patented some power technologies and leveraged it to design power adapters. Memory modules, set-top boxes, head-stack assemblies and voice coils brought in rest of the business.