Redington moves beyond iPhones: Non-Apple smartphone segment grows 39%

Promoter Harrow Investment Holding Ltd exited the company by selling its shares on July 5 and July 6

Redington (India), a supply chain solutions provider for information technology (IT) and non-IT products and a major distributor of Apple products in the country, has said that growth in the non-Apple smartphone distribution business has started contributing to its mobility business significantly.

Harrow Investment Holding Ltd, the promoter of the company, has exited from the company by selling its shares on July 5 and 6 through the open market. The company is also in the process of diversifying into new businesses such as solar energy and health & medical equipment.

The non-IT products business, which includes the mobility services, has