Hundia Info Solutions Pvt. Ltd, the brand owners of EVM, has achieved its highest-ever market share in India in the Third quarter of 2024, when it was reported as 2nd largest Pen Drive brand for the first time, by research firm CyberMedia Research (CMR).
According to the Q3 2024 India Consumer Storage Flash Devices Market Review Report by CyberMedia Research (CMR), EVM secured a significant 10% market share in the pen drive segment, marking its leadership position in the Indian consumer storage market.
The CMR report highlighted a commanding 65% share for pen drives in the Indian consumer storage market, reaffirming their status as a preferred choice for portable data storage. Despite challenging market conditions, including a 15% sequential decline and a 42% year-over-year drop in overall shipments, EVM (an Indian Brand) has emerged as a key player, trailing only SanDisk.
EVM’s rise in the competitive consumer storage market is attributed to its commitment to innovation, quality, and affordability. The brand has been at the forefront of introducing products with mid-to-high storage capacities and faster transfer speeds, catering to the evolving needs of Indian consumers.
“We are proud to be a trusted partner for millions of Indians who rely on our storage solutions for secure, portable, and efficient data storage. We are honoured and amazed by the confidence and support of our ever-growing EVM Family over the years.,” stated Mr. Abhishek Patel, Chief Strategist at EVM India.” It is a moment of pride for all Indians as it validates the growing acceptance of home-grown brands. At EVM, we aim to become a leading Indian brand.”
EVM pen drives comes with a unique long-term warranty with the highest being upto 10 years. To give consumers the finest in after-sales assistance. EVM also offers a pick-up and drop-off service for its after-sales service. The company has over 500 service locations around the country, and for every product sold. EVM donates INR 10 to a child cancer fund.
