APN News

  • Monday, January, 2021| Today's Market | Current Time: 06:31:44
  • Next story:

    boAt announces “Make in India” earwear and accessories to mark India’s 72nd Republic Day

    Published on January 25, 2021

    Home-grown audio & accessories brand boAt launches a series of ‘Make in India’ wired and wireless earphones as well as mobile accessories. Staying true to its commitment, boAt has started its Make in India journey with its top sellers such as Bassheads 100, Bassheads 152 and Rockerz 255 pro. These products will now be manufactured locally and will be available across eCommerce platforms including Amazon, Flipkart, etc. and their website starting 26th January 2021. It’s a pleasant milestone that boAt has been eyeing ever since they received $100 Million USD funding from Warburg Pincus earlier this year.

    boAt plans on launching many more products in 2021. This includes launching headphones, speakers and true wireless earphones under their “Make in India” initiative. The brand has been nimble in redrawing its supply chain ever since COVID-19 struck and has been steadily shifting production to India.

    boAt carries the spirit of India and is now in the top 5 wearables globally as per IDC. The company is also the #1 brand in personal audio in India (headphones, earphones, sound-related accessories) with a rapidly emerging presence in adjacent consumer-focused, lifestyle electronics categories. Its product portfolio offers well-designed, distinctive products at attractive price points. boAt continues to achieve rapid revenue growth (100%+ over the past several years) and exhibits a strong profitability profile.

    On the launch, Aman Gupta, Co-Founder, boAt said, “Being market leaders, boAt to lead from the front. It’s a moment of pride for us to announce the products that are in line with the Honourable Prime Minister’s Make in India vision of Atmanirbhar Bharat. It’s a testament to our commitment to build an ecosystem in India. In the coming months, many more boAt products will be manufactured and launched in India.”

    boAt’s current “Make in India” portfolio, as well as their upcoming launches, can be bought from www.boat-lifestyle.com  

    ProductPrice
    Bassheads 100399
    Bassheads 152499
    Rockerz 255 pro1599