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Redington (India) to foray into cloud computing

25 Jul 2011 Evaluate

Redington (India), the supply chain management company, is planning to foray into cloud computing. The company would also invest around Rs 50 crore in setting up distribution centres at Kolkata, Delhi and Mumbai. These centres will help the company in expanding supply chain management to various parts of the country.

Each centre would require an investment of around Rs 18-20 crore. The centre in Kolkata is under construction and is expected to be operational next year. While the details of Delhi centre were being worked out and the Mumbai distribution centre was yet to be fixed. Besides diversification into other verticals complementing its current focus on IT segment, the company plans to explore inorganic route to geographical expansion, including in Africa.

Redington (India) engages in the business of vendor-authorized end-to-end supply chain management of information technology (IT) hardware and software products. The company distributes a range of IT products, such as networking, storage, and enterprise products, as well as servers and software solutions.

Redington Share Price

214.50 -4.25 (-1.94%)
12-May-2026 10:59 View Price Chart
Peers
Company Name CMP
Redington 214.50
Adani Enterprises 2456.00
Amrapali Industries 18.40
Rashi Peripheral 528.55
PDS 286.00
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