Moser Baer
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Moser Baer | |
---|---|
Type | Private |
Founded | 1983 New Delhi, India |
Headquarters | New Delhi, India |
Key people | Deepak Puri, Founder & Managing Director Ratul Puri, Executive Director |
Industry | Optical Storage Media |
Products | CD-RWs DVD-RWs |
Revenue | ▲ Rs. 6780 crore |
Net income | ▲ Rs. 939.3 crore |
Website | www.moserbaer.com |
as on 4 November 2007 |
Moser Baer is India's largest and the world's 2nd largest optical storage media manufacturer and supplies to the world's top dozen brands. They make CD-R's for Memorex (2004, 2007), Imation (2004-2006), TDK (2004, 2006), Verbatim (2006-), Staples (2003-2006). The company was founded in New Delhi in 1983. 75% of its revenue come from exports. Although most of that is from OEM products. [1] Their product range includes floppy disks, CDs, and DVDs.
Incorporated in 1983, Moser Baer has a presence in over 82 countries, serviced through six marketing offices in India, the US and Europe, and enjoys strong tie-ups with all major global technology brands.
Its 4 manufacturing facilities are located in Noida, UP, India. [2] The company was among the first to set up a wholly-owned subsidiary - Moser Baer Photo Voltaic Limited — in 2005, to focus on the high-growth solar energy segment in India. It also plans to build an Rs 330 crore silicon PV manufacturing facility (near Delhi) and has tied up with Applied Materials Inc for technology transfer.
Moser Baer acquired 81 per cent stake in Dutch Company — O M & T B.V, the research and development unit of Phillips in the last quarter of 2006-07.
Contents |
[edit] History
The company was founded in New Delhi in 1983. It started as a Time Recorder unit in technical collaboration with Maruzen Corporation, Japan and Moser Baer Sumiswald, Switzerland. Moser Baer initially manufactured 5.25" Floppy Diskettes, graduating to 3.5" Micro Floppy Diskettes (MFD) in 1993. Today, Moser Baer is the world's fifth-largest manufacturer of MFDs. In 1999, Moser Baer set up a 150-million unit capacity plant to manufacture Recordable Compact Disks (CD-Rs) and Recordable Digital Versatile Disks (DVD-Rs). The company is today the only large Indian manufacturer of magnetic and optical media data storage products, exporting approximately 90% of its production.
[edit] Timeline
- 1983-Year of Incorporation
- 1985-Production of 8.0"/5.25" disks commences
- 1987-Production of 3.5" disks commences
- 1998-Moser Baer India gets ISO 9002 certification
- 1999-Production of CD-Rs commences
- 2000-Production of CD-RWs commences
- 2002-Production of cake and jewel boxes begins
- 2003-Entry into DVD-R formats Commissioning of the world's single-largest optical media production facility in Greater Noida Largest-ever Indian manufacturing deal with Imation Corp, USA.Introduction of the 'moserbaer' brand in the Indian market
- 2004-Technology license agreement with Hewlett-Packard to manufacture optical media using 'Lightscribe' technology Private equity firm Warburg Pincus LLC invests $149 million (about Rs 675 crore) in Moser Baer Agreement with Hewlett-Packard to manage the manufacturing, marketing and distribution of HP-branded DVD+Rs, DVD+RWs, CD-Rs and CD-RWs, storage media in India and the SAARC region Moser Baer named as contributing member of the Blu-ray Disc Association.
- 2005-ISO 14001 & OHSAS 18001 certification for Moser Baer plants.
[edit] Moser Baer Home Videos
They have recently acquired license to manufacture and distribute VCDs and DVDs of various Indian Regional Language films. They sell these CDs at Rs. 28/- and DVD's @ 34/- (both of them individually cost less than $1 at present exchange rates). [3]
[edit] Act against piracy
The Moser Baer Home Videos is a business initiative. It is a move by the company to reduce piracy by offering DVDs and VCDs at affordable prices. This initiative does not force the common man to buy a pirated DVD or download the movie illegally. Moser Baer began selling DVDs and VCDs of old Hindi movies and then started adding latest Hindi movies. Moser Baer Home Videos has been an successful yet different concept.