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ITL and Indian Trading Partner Chevend extend into the Middle East

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Cashing handling expert Innovative Technology extend into the Middle East in collaboration with their Trading Partner in the region, Chevend Technologies PVT. LTD.

Commenting on this expansion following a successful trip to India and Dubai, Marcus Tiedt, Sales & Marketing Director for ITL said, “ We secured our trading partnership with Chevend back in 2016 and over the past seven years we have been diversifying and extending our reach throughout India. Chevend now have a partner office in Dubai and so we are ready to expand into the Middle East with our partner serving customers at a local level.”

CHEVEND TECHNOLOGIES PVT. LTD is part of the Chevron Metal Products Group and proud pioneer of the Automatic Vending Concept in India. Chevend has India’s most experienced team supporting and working with customers in the vending, kiosks and banking segments and are also now distributing solutions to customers in the Middle East.

Marcus continued, “Chevend distribute and provide technical support for our products to customers in India, UAE, Saudi Arabia, Kuwait, Bahrain, Qatar, Oman, Sri Lanka and Bangladesh.  Their original focus was mainly on vending and kiosk applications such as the NV11 and NV9, but as the market matures we are also looking to supply our new NV4000 multi bill recycler for payment terminals as it starts to gain momentum. The new Dubai office has storage and technical facilities and is conveniently located for exporting goods across the Middle East. We look forward to seeing a positive up-take of our solutions across this region.”

Commenting on the Trading Partnership and expansion, Ammaar Huseini, Director at Chevend said, “We have been providing ITL’s cash validation products to customers throughout India since 2016 and we now look forward to helping them expand throughout the Middle East. We have also received lots of inquiries for their ICU Lite biometric solution. Apart from the standard age verification, customers are also looking at incorporating features in their kiosks for user verification against a database or ID card, attendance for students at schools etc. With over 30 years of experience ITL offers very reliable and innovative products for the international market. Our technical engineers regularly receive extensive training at the ITL UK head office and have in-depth knowledge of the product range, so are well equipped to offer technical support as well as sales advice.”

Concluding Marcus said “Our Trading Partner network is vital, providing local support to our worldwide customer base. Following Chevend’s success in India, we are confident we will become a key supplier of cash handling throughout the Middle East.”

Gáspár Incze is the youngest member of the team. Currently a university student, he is studying management at Babeș-Bolyai University, Faculty of Economics and Business Administration. Gáspár participated in several social initiatives, having volunteered as a tour guide at the Teleki Castle in the village of Gornești and currently working at ÉRTED, a Transylvanian Hungarian student initiative committed to community work, mainly in the cultural, scientific, economic, and environmental areas.

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