Rabyte and Virtual Forest Partners to Expand Footprint in India and ASEAN

Rabyte Electronics and Bangalore-based startup – Virtual Forest has announced that they have entered into a partnership that will expand Virtual Forest’s sales and support footprint in India and the ASEAN market.

March 05, 2021. By News Bureau

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Rabyte Electronics and Bangalore-based startup – Virtual Forest has announced that they have entered into a partnership that will expand Virtual Forest’s sales and support footprint in India and the ASEAN market.

With this partnership, Virtual Forest will be the first source vendor of electronic solutions for the home appliances ecosystem in the Indian subcontinent as well as the ASEAN region. Virtual Forest will extend its sales and support footprint leveraging Rabyte’s existing customer network as well as developing new customers across geographies.

Commenting on the partnership, Omer Basith, founding director and CEO of Virtual Forest remarked: “Virtual Forest is extremely excited to announce the partnership with Rabyte. We hope to jointly help unlock the true potential of the Indian consumer electronics sector as well as positioning India as an electronics manufacturing powerhouse for the ASEAN region.”

As a result of this partnership, Virtual Forest joins a select band of technology suppliers that address the Indian Household Appliances segment which is projected to reach a revenue of $1,534 million in 2021. 

Both the companies are expecting revenues to show a CAGR of 8.62 percent from 2021 to 2025, resulting in a projected market volume of $2,136 million by 2025. User penetration is expected to be 14.2% in 2021, which is expected which to hit 28.8 percent.

“Rabyte is delighted to be working with Virtual Forest to support Indian customers with various motor control and human interface solutions like BLDC Fan Controllers, Inverter AC controller, and Solar Pumps Controller to name a few. This will empower Indian companies to be self-sufficient while offering a strategic alternative to finished goods electronics imports from China, helping in local manufacturing “Make in India” and strive towards being “Atmanirbhar”, said Raj Gaurav Batra, Director at Rabyte.

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