Diwali has just passed and the festivities are dialling down. Diwali has brought changes for Telerik in India and now I write this as an evangelist for Telerik/ Progress. In this blog post, I will list the changes and attempt to clarify if it has any impact on our community:
Telerik (a part of Progress) has changed its operations structurally in India. Indian Rupee billing was number one request from businesses who found USD billing to a US entity time taking and troublesome.
Telerik products will now be sold in India in Indian Rupees only via a distributor.While this does not affect you as a developer, your accounts team and business managers would love this change due to the following:
- A lot less hassle in making the payments done. Earlier, they had to get multiple forms (Form 15 CA & Form 15 CB) signed from a Chartered Accounts and make the payment via a wire transfer through the bank. This could take over 4-5 days to make a single payment and accrue additional charges for the wire transfer. Now, it is a simple NEFT or a UPI transfer.
- Lowering cost of projects to the customers. Earlier products like Telerik DevCraft couldn’t be used to offset indirect tax liability. With the new GST regime, your accounts team can offset the tax on their project lowering the cost of the implementation for their customers in India.
Isn’t this just great?
The new distributor is GTM Catalyst for the India market. What is even better is that I will be handling this new distributor organisation. This will bring the familiarity and continuity of business for you.
You may reach GTM Catalyst team for any questions or comments at: email@example.com
To allay any questions in your mind, all the Telerik products continue to be available for sales and are fully supported by Telerik/ Progress. All products are moving full steam ahead including DevCraft, Kendo UI, Telerik Platform, Telerik Reporting, Sitefinity and Test Studio. Telerik (a Progress company) will continue to release new updates on a rigorous pace and continue to provide you with benefits of the latest technologies.
The latest webinar for R3 release for Telerik controls is now available here: https://www.youtube.com/watch?time_continue=10&v=sxv_7RnOwVI
Lastly, we are eager to continue our India webinar series to share our learnings with you. We will be sending the webinar schedule to you shortly with an update here.
Remember to stay tuned here!