Mumbai
26th February 2008

Panduit recently conducted its Strategy Meet to decide strategies for the world market. Over 1,000 delegates from Panduit's global operations met at Cancun, Mexico from 11th to 15th of February. The event was organized to help the networking company network with all its employees.

Panduit's Regional Director, India and South West Asia, Kumar Natarajan said, “Another motive behind calling the meet was to tell all employees about what Panduit is doing worldwide and the areas it is going to invest in. we wanted to ensure that our team was aware of our global objectives so we could work towards it together. Any decision that is taken in Europe, USA and Korea where Panduit is strong is implemented through out the world so it is very important for every employee in Panduit to understand these markets. In this meet we also discussed about emerging markets and our strategy for these markets.”

Coming to the Indian market, the issues that were dicussed were support for Panduit products. Panduit believes that India, China and Brazil are the leading revenue-raking geographies. “We don't want to miss on these markets and want to provide every kind of service and support to our clients,” Natarajan stated.

Panduit is concentrating on banking, telecom and financial sectors for growth in the Indian market. IT/ITES contribute 45 percent to its overall revenues while BFSI brings in 20 percent, Telecom ropes in 10 percent, while manufacturing commands 15 percent.

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