Matrix Tele to up exports 50% in 2 yrs

The Baroda-based Matrix Telecom aims to increase exports up to 50 percent in the next two years. The company provides its products to sectors including hotels, government companies, office complexes and call centres.

Matrix is a CE-certified PBX-KTS company in the field of communication systems.

"We are already exporting our products to countries such as the US, Canada, South Africa, Romania, Malaysia and Singapore and we expect that we will export to other European and south Asian countries soon," said Jatan Mahadevia, business manager, Matrix Telecom.

He was speaking to the media in Ahmedabad on Saturday.

An ISO 9001 company, Matrix Telecom has a 20 percent market share in the domestic market with their own research and development centre in Makarpura in Vadodara.

The telecom company started operations in 1998 and at present has over one million line units installed in India. Sagar Gosalia, head marketing, Matrix Telecom Solution, said, "Our indegeneous products are relatively cheaper than those of our rivals like Siemens, Tata, Panasonic and because of this, we hope for increase our share in export as well as in domestic market."

In the last financial year, Matrix Telecom registered a revenue of Rs 18 crore with exports accounting for just about five per cent of the revenue.

"The company already has a 20 percent market share in the country and by the next financial year we will go to 25 percent," said Mahadevia.

Earlier this year, the company launched the most advanced telecommunication systems that are made using indegeneous advanced technology and packed with productivity booster features.

"The launch of these new products will provide a wide scope of exporting systems to the international market," said Gosalia.