Tyco Electronics Corp India Ltd managed to beat the industry slowdown and
grow by close to 18 percent. The communications business is estimated to be Rs
141 crore. While on account of structured cabling its revenue was an estimated
Rs 56 crore, that from the sale of power systems in the telecom segment was Rs
58 crore.
Tyco, which has a strong manufacturing base here, did very well in the
structured cabling and power systems business. In the structured cabling
business, in terms of marketshare, it was the second largest player. It not only
consolidated its base in the dominant segments, but also expanded to the ‘B’
and ‘C’ class cities. It also increased its focus on channels. Meanwhile, it
enlarged its product portfolio on the datacom front. It has introduced Ethernet
connectivity products–switches (8/16/ 24 port) and media convertors (10/100
and Gigabit).
One key thing that it did was to position itself as a one-stop solution
provider.
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On the power systems front too, the company has had a good story. It has some
major wins like the Rs 12 crore order from Tata Teleservices on the larger
systems front. It also bagged orders from Bharti, Idea, Hughes, Shyam, HFCL,
Hutchison, and Escotel. With the theme being services for all the Tyco
divisions, this could mark a new beginning for Tyco in business terms.