Indian AV Quarterly Review: A mixed Q2 and optimism moving ahead Features 01/07/2025 Indian AV professionals give their thoughts about the performance of the industry in Q2 which was disrupted by tariffs and geopolitical instability. They also look forward to a Q3 where normal business can resume and they can get back to growth.Here is what Indian tech leaders and trailblazers from across a variety of job functions had to say about how their businesses and the AV industry is performing in the country. Harisha GN, Yamaha Music India Yamaha Music India Professional Audio serves both the entertainment and professional AV installation markets. In Q2, customers from the entertainment sector began considering investments ahead of the upcoming event season. While sales remained average, we have forecasted an increase in the following quarter. On the other hand, the installation market continued to perform strongly, with high demand for conferencing systems and pro AV solutions in the corporate and hospitality sectors.This period saw heightened engagement and appealing events across the industry, marked by activities such as the WAVES 2025 Summit and the PALM/AV-ICN Expo, alongside private events hosted by various major pro AV brands. This quarter saw the industry embracing value-driven initiatives through training sessions, live demonstrations, accreditation programmes, and strategic partnerships.We foresee that Q3 will be a period of increased momentum and investments, and we see this as an opportunity to deepen customer understanding. In the entertainment market, we aim to complete value proposition activities before the event season begins. As for our installation market customers, InfoComm India will be leveraged as an opportunity to build associations and present our value proposition. Across both segments, we intend to adopt a more initiative approach in engaging prospects. Manmohan Ganesh, Pro FX Pro FX performed well this quarter, growing in line with expectations. However, sourcing was somewhat impacted by the US tariffs that took effect in early April. A significant portion of Asian production appears to have been diverted to the US market ahead of the deadline, causing short-term supply constraints and delays for regions like India. Currency volatility did dent our margins to a small extent. The overall Indian AV industry appears to have remained flat through Q1 and Q2, broadly consistent with historical trends for this period. Looking ahead, we anticipate improved momentum in the next quarter as supply chains normalise, market sentiment improves, and the Indian Rupee stabilises. Our focus remains on strengthening our share of business, enhancing customer experiences, and expanding our premium offerings across key residential and commercial segments. Pramod Badjate, Netgear Netgear has experienced robust growth in commercial AV, with over 15% revenue expansion last quarter and continued double-digit growth forecasted for 2025. We've established a new Software Development Center in Chennai through the acquisition of VAAG Systems, bringing valuable AI expertise to our team. Our Chennai team will be central to leveraging AI for simplified networking, with plans to expand by over 100 employees in the next 12-18 months. Looking ahead, we're focusing on expanding our AV-over-IP technology offerings in commercial, broadcast, and residential sectors. Our ecosystem now includes more than 400 industry partners. We're committed to delivering plug-and-play AV solutions that eliminate network complexity while generating significant labor cost savings compared to traditional solutions. Prashanth NS, Zoapi The first quarter went well for us. We saw high growth in revenue and successfully expanded our network through key partnerships. One of the highlights was our collaboration with Sennheiser, which has opened exciting opportunities in the AV space and strengthened our product ecosystem.The Indian AV industry showed positive momentum this quarter. We saw increased demand for hybrid meeting solutions and workplace automation. Businesses are becoming more focused on creating efficient collaboration environments, which is a good sign for solution providers like us. Due to hybrid workspace culture there is higher stress on productivity improvement across the commercial real estate space which is leading to higher growth in AV industry.Looking ahead, our focus for the next quarter is on expanding our premium partner network to deepen our presence across India and key global markets. We are also gearing up to launch new products that add more value to modern workspaces. It is an exciting time at Zoapi and we are optimistic about what is coming next. Mustafa Rampurawala, SISPL Indian AV market is indeed experiencing rapid growth over the past decade and 2025 is all set to turn some new pages in the AV industry with AV riding over the IT backbone and doing a handshake with Security, IOT, and IBMS.We at SISPL have seen a huge impact of:1. AV boom in enterprise segment2. AI driven solutions for AV3. Hybrid rooms becoming a trend4. Global MNC’s trusting India in setting up their GCC with all international technology.SISPL has been in forefront on major project roll outs over the last year and clients have been showing absolute trust in aligning us with their thought process for providing AV solutions.As we work with corporates, we see some turbulences in next quarter due to socio-political situations, international policies being introduced and behaviour of stock exchanges in India and globally. We are focussing on the greenfield projects and GCC setups planned in India along with Indian corporates who have been growing.We strongly feel India is having tremendous potential which cannot be even estimated and Investments will continue leading to an overall growth of the Economy. If you would like to participate for the next Indian AV Quarterly Review please reach out to Hurrairah bin Sohail (hurrairah@imlgroup.asia) and Naila Nadeem (naila@imlgroup.asia).