V S Hariharan, managing director and group CEO, Redington
Its technology solutions group, which handles networking, servers, storage, and power, registered 91% growth in the second quarter of the 2027 fiscal year. Its mobility solutions group, which includes smartphone sales and endpoint solutions, commercial PCs, grew 40% and 38%, respectively. Its software solutions grew 39%.
Chennai: Redington is witnessing rapid growth driven by AI exposure across its product categories, from data centres to PCs for commercial customers. Alongside its core business of reselling IT hardware, the company’s revenue from GPU resales to Indian neocloud customers is seeing notable traction. Hariharan explained the company’s goal of transforming from a traditional distributor into an orchestrator and earning a larger role in the customers’ technology agenda. “Customers no longer just buy hardware and implementation services but purchase bundles combining hardware, SaaS products, agentic AI, cloud migration and services. This allows us to collaborate with OEMs, software players, and independent software vendors (ISVs). Various initiatives such as an agentic marketplace, cloud automation tools, and a use-case solutioning platform are being developed, and it will be monetised through resale fees, listing, recommendation and solutioning fees and higher-margin services. He expects the potential to build a few hundred million business over five years.
with a 20%–25% volume drop, commercial PCs saw expansion of about 10% YoY growth in India, predominantly driven by migration to AI-enabled and AI native PCs, balancing the impact While cost inflation has dampened consumer PC sales. The smartphones too witnessed growth, driven by new products and form factors such as Apple’s foldable, but price hikes could impact volume elasticity.