(Chairman & Managing Director, Intex Technologies (I) Ltd.)
Mr. Narendra Bansal, 45, is the CMD of Intex Technologies (India) Ltd. He is a first generation entrepreneur and a 'visionary' in the true sense.
Mr. Bansal is the driving force behind Intex. In the year 1993, Mr. Bansal identified IT Hardware as a field with high growth potential and initiated the incorporation of Intex Technologies (India) Limited in 1996. He started business that year with just one item - Ethernet Cards under INTEX brand and had to face severe competition from various MNC brands who ruled the market.
With his keen interest about the products and their manufacturers located in Taiwan and China, he was able to rapidly expand the product range to over 26 product categories including Computer Peripherals, Mobile Phones, PCs, Notebooks, TFT-LCD Monitors, DVD Players, Computer Multimedia Speakers, Headphones and Web Cameras. In an independent survey by Dataquest trade magazine, of India’s fastest growing 200 IT companies, Intex has been rated at 101. In the last 3 years, Intex has moved up in rank from 108 to 104 and, now 101. This survey covers both Software and Hardware companies.
Under his dynamic leadership, the growth at Intex has seen a substantial acceleration. Company turnover, which reached a level of Rs. 32 crores in the first six years of business (2002) has since increased to 464 crores in next seven years (2009), with a CAGR of 46%. Head count has gone up from 150 to more than 800.
Mr. Bansal is a hands-on Manager who believes in walking the talk and managing his business through systems and processes. Considering company's diversification into various new verticals & requirements of the ever-changing business environment, the company has upgraded its operations from its own home grown ERP to SAP.
Mr. Narendra Bansal finished his graduation in Commerce from Delhi University. He is a keen fitness and sports enthusiast and an avid reader. Driven by a strong desire to build business and discharge social responsibilities, his family runs charitable educational and health activities for the benefit of the urban under-privileged people of Delhi. He is also a member of various organisations working towards social causes like Rotary Club of Ashoka, Manthan and Rajasthan Club.
Mr. Ramesh A. Vaswani
(Executive Vice Chairman, Intex Technologies (India) Ltd)
Mr. Ramesh A. Vaswani is the Executive Vice Chairman of Intex Technologies and oversees the operations in India. A gold medalist from the Indian Institute of Technology, Chennai, with a degree in Mechanical Engineering, his main thrust is on organizational and business development and strategic decisions.
Mr. Vaswani has over 44 years of vast and rich industry experience in India as well as overseas. He has been a member of various committees at CII, PHD Chamber and was also Vice-Chairman of Indo-Italian Chamber of Commerce and Industry (NR).He began his career and held several senior positions in the reputed Shriram (DCM) Group, Delhi, over a period of 14 years. He was General Manager of an Automotive Component manufacturing company of the Group before he took up an overseas assignment in 1979 as the Managing Director of two companies of CHELLARAM Group in Nigeria. On returning to India in 1984, he was Vice President of INALSA, Delhi where he set up the Appliances Division and the Flexi tubes Division. The latter was taken over by a British MNC. From engineering industry he switched over to IT industry in 1999 and was Managing Director of a Software company offering Baan ERP solutions, SAS Data Warehousing solutions, etc. He then set up a business in association with a leading Canadian company dealing in high-speed wireless data transfer radios, as part of a large Indian Group.
Mr. Vaswani has been with Intex for over 7 years. Under his guidance, the growth at Intex has seen a substantial acceleration. Company turnover, which reached a level of Rs. 32 crores in the first six years of business (2002) has since increased to 464 crores in next seven years (2009), with a CAGR of 46%. Head count has gone up from 150 to more than 800.
In an independent survey of India’s 200 fastest growing IT companies, carried out by the reputed trade journal, Dataquest, Intex has improved its ranking in the last 3 years from 108 to 104 and very recently to 101. This survey covers both Software and Hardware companies. INTEX branded product range currently covers Computer Peripherals, Mobile Phones, PCs, Notebooks, TFT-LCD Monitors, DVD Players, Computer Multimedia Speakers, Headphones, Web Cameras, etc. All-India sales and service network has grown since early 2002 to 2 Regional Offices, from 16 to 28 branch offices, 4 to 65 Service Centres, 251 Service Franchisees and 12 Resident Service Engineers.