Skyball, a leading technology company, has made its debut in the Indian smartwatch market. Emphasizing cutting-edge technology and uncompromising quality, Skyball aims to revolutionize the industry with its range of smartwatches.
Five Smartwatch Models Set to Launch
This year, Skyball is set to unveil five new smartwatch models, starting with the Skyfit Elevate and Skyfit Rigor in August 2023. These watches boast AMOLED displays, offering vibrant visuals and clarity.
Targeting consumers seeking premium yet affordable products, the price range for the smartwatches will be between Rs. 1,999 to Rs. 4,499.
Commitment to Excellence and Ambitious Plans
Skyball said that it is committed to delivering unparalleled quality and plans to launch three more smartwatch models before Diwali, further establishing its presence in the market.
The company has set a sales target of 100,000 units within the smartwatch category this year, aiming to derive 40% of its business from this segment.
Strategic Partnership and Revenue Expectations
Skyball has partnered with Videomax International Pvt Ltd, its parent company, for the manufacturing and assembly of its smartwatches. This alliance ensures the highest standards of craftsmanship and quality. With a projected turnover of Rs. 100 crore in its first year, Skyball foresees smartwatches contributing approximately Rs. 40 crore to its overall revenue.
Expanding into the Audio Category
In addition to smartwatches, Skyball said that it has exciting plans for its audio range. Before Diwali, the company intends to launch ten new models, specifically party speakers, providing customers with an immersive and enjoyable audio experience for all occasions.
Commenting on the announcement, Sandeep Gupta, Chairman and Managing Director, Skyball, said:
Skyball’s vision is to offer customers premium, feature-rich smartwatches at an affordable price. Our Skyfit Elevate and Skyfit Rigor models have been carefully designed to exceed expectations and meet the diverse needs of our customers. With exciting plans for the festive season and a range of new products, we are confident that Skyball will become a popular brand among consumers.