Tech Firm DFI Teams Up with Six Distributors To Grab India's Industrial Transformation Opportunities By CIOTechOutlook Team

Tech Firm DFI Teams Up with Six Distributors To Grab India's Industrial Transformation Opportunities

CIOTechOutlook Team | Tuesday, 22 August 2023, 08:43 IST

DFI, a leader in industrial computer (IPC) and embedded systems, has long-term intentions for the Southeast Asian market. DFI has declared that it will increase its efforts, concentrating on India, where the economy has exploded recently. Including Dynalog Limited, DFI will sign strategic collaboration agreements with six local distributors tomorrow. DFI wants to increase market penetration and take advantage of openings in India's industrial automation, networking, defense, transportation, and smart city industries.

Two primary goals of the relationship, which DFI is facilitating, are to swiftly raise "brand awareness" and "market share" in India. With a market footprint that spans the entirety of India, Dynalog has more than 30 years of experience in automation solutions. Technics is a prominent provider of automation solutions in India with an emphasis on the IoT and industrial automation markets. It holds a significant market share in Northern India. While LUBI Electronics is a top provider of automation solutions in India with a clear emphasis on the embedded systems industry, Alltronix, Avihs, and Netport are all actively involved in the southern part of India.

India has extensively supported "Make in India" and other industrial transformation strategies since Prime Minister Narendra Modi took office. India, which has a population of more than 1.4 billion, presents enormous domestic market prospects and has recently emerged as one of the world's fastest-growing rising economies. India's GDP increased by 6.7% in 2022, overtaking the UK to become the world's fifth-largest economy. It is anticipated that India would eventually have a chance to rank among the top three economies in the world.

Alexander Su, president of the DFI, claims that because of the government's emphasis on the "Make in India" strategy, India has turned into a region that is aggressively disputed by industries worldwide.