Nexstgo Company Limited, a Hong Kong based organization announced an expansion of its presence in India. With an investment of INR 10 crores, the company plans to open 50 exclusive brand outlets in the top 10 Indian cities.
During the visit to India, CEO & Co-Founder, Mr Alex Chung, Nexstgo Company Limited said, We intend on opening 50 exclusive brand outlets and adding two new products to our portfolio by Diwali this year across the country. We aim to sell one lakh product units in India by December 2019.
The company is planning to foray in Middle Eastern countries and Europe by the end of this year, after successfully launching products in 11 countries like China, Malaysia, Indonesia, Thailand, Philippines, Taiwan and Singapore since 2016.
Nexstgo recently launched its commercial laptop series – Primus (NX101, NX201, NX301) and AVITA Liber series: fashionable notebooks with playful designs and IOT products built using their revolutionary technology priced from INR 21,500 to INR 1,30,000. They are also present across major online platforms such as Flipkart, Amazon, PayTM, etc. Nexstgo also plans to introduce online exclusive models in the near future.
They have recently launched 4 exclusive brand stores with both the product ranges – AVITA & Nexstgo are showcased across key markets throughout the country. This is to offer optimum customer experience to explore and purchase from Avita & Nexstgo’s wide range of laptops, smart devices and accessories. The company is also marketing IoT products under the AVITA brand name that offers smart mirrors and the smart weighing scales which can connect with Apps and provide a plethora of fitness-related information to the user.