Vicor Scales up Investment in India
As part of its growth and expansion plans in India, Vicor Corporation today announced the appointment of Excelpoint Systems (Pte) Ltd. as one of its distributors in India. This association will broaden the market reach for Vicor and continues to strengthen local support to customers across its range of high-performance power solutions. This partnership is the latest initiative in Vicor's expansion in the Indian market and is an important addition to its existing channel portfolio, which already includes Future Electronics, SM Creative, and CoreEL Technologies.
Apart from expanding its distribution network, Vicor has also appointed an additional field applications engineer, based in Delhi. Vicor's high-performance power solutions cover a wide range of markets. The company has already established a strong presence in the aerospace and defense sectors in India and these new appointments will help Vicor broaden its support for the growing Indian communications and industrial markets, including telecoms and transport/rail sectors.
Commenting on the announcement, Andy Gales, vice president of international sales, Vicor, said, "This announcement clearly underlines our commitment to investing in India, which is a crucial growth market for us, and a key driver of our continued global expansion. The appointment of Excelpoint will help us build a robust distribution network to tap into a vast community of electronics customers seeking to achieve the highest levels of design flexibility and power component efficiency and density from AC to the point of load. Excelpoint will now add to our rich network of sales and support infrastructure that will set the stage for our long term growth and expansion in the country."
"We are delighted to be partnering with Vicor. We work closely with global chip suppliers to identify new market and technology trends and Vicor's reputation as a trusted supplier will certainly help us leverage new business opportunities in the region. Vicor's product range will serve to complement our solution portfolio by offering best-in-class power technologies, services and solutions to our customers across the country for performance-critical applications across all power distribution architectures," said Albert Phuay, Chairman and Group CEO from Excelpoint.