TPV Technology Limited, the world’s largest LCD manufacturer, has appointed Redington Limited, a prominent distribution and supply chain solutions provider, as its strategic distribution partner for India. This partnership aims to bolster the distribution network for AOC in crucial North and East Indian markets, while Philips monitors will be distributed nationwide. Through this collaboration, TPV aims to bolster its presence in the region by efficiently organizing, building, and actively expanding its partner network across the country.
This decision aligns with TPV’s objective of meeting local market demands and ensuring the availability of its innovative monitor solutions portfolio. Redington will leverage its extensive network and resources to distribute TPV’s monitor solutions throughout India, with a specific focus on the burgeoning gaming industry in the region. TPV’s primary goal with this partnership is to significantly expand its partner network across India.
Carol Anne Dias, Managing Director of TPV Technology – AOC & Philips Monitors, expressed excitement about introducing their world-class high-end non-gaming and gaming monitor solutions in the Indian market. The focus will be on Philips’ entire range of monitors, with a particular emphasis on gaming monitors above 22 inches. The partnership with Redington aims to establish a robust presence nationwide and tap into the growing gaming and professional monitor display sectors.
The gaming monitor industry in India is experiencing significant growth, with estimates suggesting a market value of $3.1 billion in FY23, projected to rise to $7.5 billion by FY28. This growth is attributed to the increasing popularity of esports, a growing gamer base, and the availability of affordable gaming displays. TPV Technology aims to capitalize on this opportunity by enhancing the growth of its premier gaming monitor sub-brand, AGON by AOC, which currently leads globally according to the Q3/2023 IDC Quarterly Gaming Tracker report.
Raghu Ram, Senior Vice President of Endpoint Solutions Group at Redington Limited, expressed excitement about partnering with TPV Technology to enhance the availability of their award-winning AOC and Philips monitor portfolio in India. Redington aims to cater to the diverse needs of creators and gamers by bringing TPV’s cutting-edge technology to a wider audience across the country.
The partnership signifies a significant step forward for both TPV Technology and Redington in their mission to deliver cutting-edge monitor solutions to customers across India. Redington plans to empower and train channel partners and resellers through sales enablement and training workshops to cater to end customers effectively.