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Sunday, October 20, 2013
Kavveri Telecom Ltd: An Old Research Report
Kavveri, founded by Mr. Shivkumar Reddy in the year 1996, is mainly into design, development and marketing of Rf products and antennas. The company has in-house research and development facility driven by 60 member core R&D team. Its key manufacturing facility is located in Bangalore, India. During FY12, the company also started contract manufacturing activity which has helped in its export sales growth. During last six years, Kavveri has acquired five companies in order to broad base its product portfolio and expand its geographical reach. The company has also ventured into the In-Building Solution business in September 2008, through its 51% owned subsidiary, KTIL. This is a capital intensive business model requiring significant upfront expenditure by KTIL on infrastructure development.