New Delhi – In a transformative move set to reshape India’s display technology landscape, SHARP Business Systems (India) proudly announces the acquisition of Display Business of NEC India. This integration significantly broadens SHARP’s visual solutions portfolio, underscoring its unwavering commitment to India’s rapidly expanding display market and empowering key sectors such as retail, education, aviation, manufacturing, healthcare, and smart cities.
This strategic alliance positions SHARP at the forefront of innovation, ready to deliver unparalleled value and drive digital transformation across India’s dynamic sectors. By integrating with NEC Display Business, SHARP is equipped to effectively serve both B2B and niche markets, offering Indian customers bespoke solutions, superior customer support, and a comprehensive range of display technologies. Committed to supporting industries where 24/7 operations are critical, such as manufacturing, control centres, and airports, this merger allows SHARP to further expand its partner ecosystem to unlock new growth opportunities across newer sectors reinforcing its leadership in India’s digital advancement.
While presently SHARP Business Systems (India) boasts an extensive range of products within the “Smart Business Solutions” vertical, including Digital Multifunctional Printers, Interactive White Boards, and Dynabook Laptops; by merging with NEC Display Business, it further enhances its existing offerings, seamlessly incorporating Large Format Displays, video walls, projectors, direct-view LEDs, and cinema projectors into its repertoire. This expansion not only complements SHARP’s renowned expertise in interactive displays but also equips customers with a comprehensive suite of high-performance solutions, meticulously tailored to meet diverse industry needs. Furthermore, this acquisition presents substantial benefits for existing partners of both SHARP and NEC by further enriching the product portfolio.
Osamu Narita, Managing Director of SHARP Business Systems (India) Private Limited, expressed, “Acquiring NEC Display Business in India propels us into an exciting era of innovation in India’s visual solutions market. By integrating NEC’s world-class technologies with SHARP’s innovative displays, we are exceptionally well-positioned to meet the growing demand for customized, high-performance display solutions. This merger not only enhances our product offerings but also strengthens our ability to provide unparalleled service and support to our clients. We are committed to developing customized solutions that cater to the unique needs of various industries, ensuring our customers benefit from the cutting-edge technology and reliability that we offer.”
Puneet Malhan, General Manager, Display Business, SHARP Business Systems (India) Private Limited, elaborated, “We are truly excited to introduce the combined strength of SHARP and NEC to the Indian market. This strategic acquisition empowers us to offer a more dynamic and diverse product portfolio, fostering innovation and creating significant value for our customers. We envision tremendous growth potential across both urban and emerging regions, which aligns perfectly with India’s digital transformation and Vision 2047.”
Building on this vision, SHARP is committed to launching India-specific products that emphasize cost-effectiveness and energy efficiency, aligning with the nation’s environmental goals. By recognizing the vast potential of India’s smart city initiatives and burgeoning sectors like e-commerce and healthcare, SHARP aims to extend its reach into tier-2 and tier-3 cities with cutting-edge solutions. In the short term, SHARP aspires to be among the top five players in the Indian display solutions market by expanding its channel network and enhancing partner training.
This strategic acquisition not only fortifies SHARP’s position in the Indian market but also aligns with the country’s Vision 2047, propelling digital transformation and fostering sustainable growth. Through this integration, SHARP is poised to lead the evolution of India’s visual solutions industry, shaping a future defined by innovation and sustainability.
