Harman International Industries Incorporated, the leading global audio and infotainment company (NYSE: HAR) is pleased to announce that it has entered into a multi-year distribution arrangement with Sahil International to market and sell its premium audio products across India. While Sahil International will continue to sell and market per the existing agreement, the new agreement will be effective July 1st, 2013.
While the financial details of the arrangement are confidential, the agreement makes Sahil International HARMAN’s exclusive distributor in India for JBL, Infinity and JBL Selenium branded aftermarket car audio products. Sahil will also market and sell other HARMAN Home & Multimedia products under the JBL, Harman/Kardon, Infinity, and AKG brands.
HARMAN and Sahil International have enjoyed a long and successful business relationship. Sahil International is the authorized representative for HARMAN Lifestyle brands in India and a leading consumer electronics importer since 1999.
Sachin Lawande, President of HARMAN’s Lifestyle Division stated, “We are pleased with the support we have received over many years from Sahil International, both with respect to their marketing and sales excellence and we look forward to many more years of strong partnership with them to grow the India market for our products.”
"This is a momentous occasion for our company and reaffirms the fact that as partners, HARMAN’s technologies and Sahil International’s local innovation and reach have helped to achieve the common goal of making HARMAN’s brands the leading choice in audio solutions for our esteemed Indian customers.” Stated Sahil Sani, Director, Sahil International.
About HARMAN
HARMAN (www.harman.com) designs, manufactures and markets a wide range of audio and infotainment solutions for the automotive, consumer and professional markets — supported by 15 leading brands, including AKG, Harman Kardon, Infinity, JBL, Lexicon and Mark Levinson. The Company is admired by audiophiles across multiple generations and supports leading professional entertainers and the venues where they perform. More than 25 million automobiles on the road today are equipped with HARMAN audio and infotainment systems. HARMAN has a workforce of about 13,400 people across the Americas, Europe and Asia, and reported net sales of $4.4 billion for the twelve months ending June 30, 2012. The Company's shares are traded on the New York Stock Exchange under the symbol NYSE:HAR.
While the financial details of the arrangement are confidential, the agreement makes Sahil International HARMAN’s exclusive distributor in India for JBL, Infinity and JBL Selenium branded aftermarket car audio products. Sahil will also market and sell other HARMAN Home & Multimedia products under the JBL, Harman/Kardon, Infinity, and AKG brands.
HARMAN and Sahil International have enjoyed a long and successful business relationship. Sahil International is the authorized representative for HARMAN Lifestyle brands in India and a leading consumer electronics importer since 1999.
Sachin Lawande, President of HARMAN’s Lifestyle Division stated, “We are pleased with the support we have received over many years from Sahil International, both with respect to their marketing and sales excellence and we look forward to many more years of strong partnership with them to grow the India market for our products.”
"This is a momentous occasion for our company and reaffirms the fact that as partners, HARMAN’s technologies and Sahil International’s local innovation and reach have helped to achieve the common goal of making HARMAN’s brands the leading choice in audio solutions for our esteemed Indian customers.” Stated Sahil Sani, Director, Sahil International.
About HARMAN
HARMAN (www.harman.com) designs, manufactures and markets a wide range of audio and infotainment solutions for the automotive, consumer and professional markets — supported by 15 leading brands, including AKG, Harman Kardon, Infinity, JBL, Lexicon and Mark Levinson. The Company is admired by audiophiles across multiple generations and supports leading professional entertainers and the venues where they perform. More than 25 million automobiles on the road today are equipped with HARMAN audio and infotainment systems. HARMAN has a workforce of about 13,400 people across the Americas, Europe and Asia, and reported net sales of $4.4 billion for the twelve months ending June 30, 2012. The Company's shares are traded on the New York Stock Exchange under the symbol NYSE:HAR.
