Technology

Tech companies come together for better business practice

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MUMBAI: At a time when life has become dependent on technological equipments, it’s necessary to have a system that makes the movement on the tech industry smooth. That seemed to be on the minds of even the tech distribution companies because of which they came together to form The Technology Distribution Association of India (TDAI).

The launch of the Association that was announced today has been done with in an aim to revolutionise the Indian technology-distribution industry. The Association’s motto is: “we can only build when we know how to sustain”. A first of its kind non- profit organisation in Asia Pacific & India, TDAI’s objective is to build a transparent and organised distribution services sector in India through risk mitigated best practices. While maintaining a strategic and healthy channel through good governance and appropriate compliance standards, from the manufacturer to the end user, TDAI will support the industry’s development and expansion while ensuring business hygiene.

In the last two decades, India has seen tremendous strides in the use and adoption of Information Technology products both in the consumer as well as the commercial space. While the technology vendors have played a pre-eminent role in introducing the Indian customer to the immense benefits of their products and solutions, the widespread use of IT products and processes can, in a large measure, be attributed to the contribution of a huge distribution channel, which has facilitated easy availability through their reach, presence and financial commitment.

The success of the distribution channel is equally accredited to all the stake holders in the supply chain: Vendors, Distributors and Dealers of IT products, services and solutions. With an aim to drive the industry’s next level of evolution through constructive dialogues amongst all stake holders, the leading Indian technology distributors have founded TDAI.

The current members of TDAI collectively contribute nearly Rs 50,000 Crores (~ US$ 8 Billion) annually towards the total IT industry business in the country.

TDAI will provide all industry stake holders a common ground for deliberating on regulatory issues that impact them, with a view to take those up with relevant authorities for resolution. It will act as a platform through which they could contribute inputs and information that would help shape the industry. TDAI will facilitate interaction with various Dealer Associations on common issues faced by the distribution eco-system as also a forum for discussion with Vendors on taking the channel business to its next stage of development. The initiatives of this Association will pave the way for fostering trust and goodwill amongst all stakeholders of the community.

The current members of TDAI include: Avnet Technology Solutions, Compuage Infocom Limited, Inflow Technologies Private Limited, Ingram Micro India Limited, Iris Computers Limited, Neoteric Infomatique Limited, Rashi Peripherals Private Limited, Redington India Limited, Savex Computers Limited and Supertron Electronics Limited.

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