New Delhi : Mobile phone experience will never be the same again in India. Research and Innovation Technologies (RIT), leading technology player from Dubai has launched mobile software products, which will help detect theft of the mobile handset, track a person precisely on the ground, record all the conversations and take a back up of the entire data of your phone.
HotSpot Retail, India’s first and leading multi-brand mobile and technology retailing company and a venture of Dr. B. K. Modi Group, will be exclusive dealer for these applications in India.
Through this tie-up, RIT is entering into the Indian market and will offer a suite of its cutting-edge mobile applications to the Indian consumers. This suite of applications will be sold under the umbrella brand ‘Orbit’.
Commenting on the launch, Naushad Abdulla, CEO & Managing Director, RIT said: “We are pleased to venture into India by partnering with the country’s leading technology retail chain. The mobile market in India is pegged at US$ 16.5 billion (Rs.800 billion or Rs.80,000 crore), out of which value-added services (VAS) constitute 10 percent of the total market. RIT is looking at penetrating this segment through various channels. An outcome of an investment of 50 man-hours, ‘Orbit’ is a suite of technologically advanced mobile applications operational on 2.5G and 3G mobile handsets, available at a very competitive price. We plan to sell more than 10 million applications in the first fiscal.”
Announcing the tie-up, Sanjeev Mahajan, CEO, HotSpot Retail said: “Indian consumers have the purchasing power and inclination to own good handsets. The powerful & innovative mobile application from RIT will help today’s consumers’ secure their handsets and use them, smartly. This exclusive tie-up will also help deliver on our TCO (Total Customer Offering) model and garner more margins while selling new mobile handsets.”
RIT also announced that it has appointed Speed RechargeTM, a nation-wide Electronic PIN distributor of BSNL prepaid products, as the National Exclusive Distributor for all RIT products. Vikas Jain, Founder, Speed RechargeTM, said: “We have already identified state-level distributors in 21 States of India. By end of this month all the products will be available at the retail end.”
