Skyball, a prominent technology company, has recently entered the Indian smartwatch market, aiming to bring cutting-edge technology and uncompromising quality to the industry with its range of smartwatches.
The company is all set to launch five new smartwatch models this year, starting with the Skyfit Elevate and Skyfit Rigor in August 2023. These watches feature AMOLED displays, offering vibrant visuals and clarity.
Skyball’s smartwatches target consumers looking for premium yet affordable products, with prices ranging between Rs. 1,999 to Rs. 4,499. The company is dedicated to delivering top-notch quality and has plans to introduce three more smartwatch models before Diwali, further solidifying its presence in the market.
Setting a sales target of 100,000 units within the smartwatch category this year, Skyball aims to derive 40% of its business from this segment.
To ensure the highest standards of craftsmanship and quality, Skyball has partnered with Videomax International Pvt Ltd, its parent company, for the manufacturing and assembly of its smartwatches. With an expected turnover of Rs. 100 crore in its first year, the company foresees smartwatches contributing approximately Rs. 40 crore to its overall revenue.
Apart from smartwatches, Skyball also has exciting plans for its audio range, intending to launch ten new models, particularly party speakers, providing customers with an immersive and enjoyable audio experience for all occasions before Diwali.
