Though the previous year was spent in emphasizing its India focus, Kingston
decided to expand its business in FY10 by announcing plans to set up a
manufacturing unit in India. It doubled its India investment and expanded its
retail network to tier-2 cities. On the product front, there were new launches
including the SSDNow V Series targeted at SMEs and SDHC Class 4 memory cards.
Thumb drives and SD cards businesses grew well, though Indias growth was well
behind China for the company. Parallel import still continued impacting its
business.
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FACTSHEET l Country Manager: Nitin Malhotra |
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