Mitsumi Distribution to Invest Rs 1,000 Crore, Expand in Tier 1, 2 Cities

Pune:Mitsumi Distribution, a leading IT distributor based in the Middle East and Africa, plans to invest Rs 1,000 billion over the next three years to build infrastructure, inventory and a nationwide logistics network across 15 locations.

The company is expanding its international market and positioning India as a long-term market for the group.

Already operating with a team of over 30 professionals in Mumbai, Delhi and Bengaluru, the company is now expanding to Tier 2 and Tier 3 cities in line with demand and vendor partnerships.

“India is a large and growing market for us, where scale, ambition and digitalization combine at an unprecedented pace,” said Jagat Shah, Chairman and CEO of Mitsumi Group.

He said the company has been in India for a long time with a long-term strategic commitment. “Our vision is to create a distribution platform that suits the diversity and depth of the country by combining global best practices with strong local practices,” Shah said.

“Over the next three years, our planned investment of R1,000 billion in infrastructure, inventory and local credit will enable us to build one of the most robust and reliable distribution networks in the country,” he said.

“We are here to invest, scale responsibly and be a trusted enabler of the next phase of India’s technological growth,” Shah added.

According to Mitesh Shah, Founder and Managing Director of Mitsumi Group, the investment will include warehouse and logistics infrastructure, inventory capacity and loan arrangements for partners.

“As local talents grow, we will also invest in them,” he stated.

Shah said the logistics network across 15 locations, including Ahmedabad, Hyderabad, Bhubaneswar, Kolkata, Guwahati, Lucknow, Patna, Zirakpur, Vizag, Jaipur, Chennai and Indore, will cover major and emerging markets and increase reach and availability.

Mitsumi Distribution plans to work with dealers, businesses and institutions. It also flagged system integrators, small and medium partners, large-format retail and online players as target channels for its India plans.

The company said it plans to replicate its successful Middle East and Africa business model in India.