Samsung Telecom eyes 15% in Indian market

Image
BS Reporter Mumbai
Last Updated : Feb 05 2013 | 3:36 AM IST
Samsung Telecommunications India is looking at doubling its domestic market share to around 15 per cent, even as the mobile handset-maker has roped in actor Aamir Khan as its brand ambassador.
 
"We are looking at doubling our market share to 15 per cent in 2008, which at present is around 7-8 per cent. The company will make required investments in building the brand, expanding channels and rolling out new models," said Sunil Dutt, country head (mobile business), Samsung India.
 
To increase the market size, the company will launch 18 new models in the next two-three months in the country.
 
"We are launching five new models in March itself," Dutt said.
 
The company was also looking at tying up with operators to sell its mobile phones through the latter's channels, he said.
 
He, however, did not comment on the proposed investment, but said, "We will invest whatever is required to gain market share."
 
The company has also announced Aamir Khan as its brand ambassador and has increased the total number of distributors to four in the country.
 
"With Aamir Khan as our brand ambassador, our strong, differentiated product line-up and enhanced distribution reach, I am confident that we should be in a position to double our market share in the Indian market this year," H B Lee, president and CEO, Samsung (south west Asia), said.

 
 

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 14 2008 | 12:00 AM IST

Next Story