In a move poised to upend the traditional electronics supply chain, Elecxtra has introduced India’s first artificial intelligence-powered B2B marketplace tailored exclusively for surplus and dead stock inventory. The platform, developed as a SaaS solution, aims to optimise how businesses in the electronics sector manage excess inventory while also helping manufacturers and engineers source essential components swiftly and affordably.

Tackling a $10 Billion Problem

India’s electronics manufacturing market, valued at over $10 billion, frequently suffers from surplus issues—where 10 to 30 per cent of ordered inventory remains unused. Simultaneously, buyers face inefficiencies ranging from high costs and long lead times to scattered supplier networks. Elecxtra bridges this gap by matching surplus inventory directly with real-time demand using intelligent algorithms. This not only improves profitability for sellers but also offers timely and cost-effective solutions for buyers, cutting procurement cycles from weeks to just days.

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Built Specifically for Electronics

Unlike generic marketplaces, Elecxtra is purpose-built for the unique challenges of the electronics ecosystem. Sellers can subscribe under flexible plans (Basic, Standard, and Premium) to list their unused stock. On the other side, buyers benefit from access to quality-assured components, with guaranteed delivery within five days. What sets Elecxtra apart are the embedded value-added services, including supplier matchmaking, lead generation for sellers, end-to-end logistics support, and real-time component tracking.

From Data to Decisions: AI at the Core

The company’s vision extends beyond just matching supply with demand. Elecxtra is building a robust digital infrastructure that includes India’s first pricing and availability database for electronic components. A mobile application is also on the way, equipped with barcode scanning, intelligent recommendations, and live order tracking. With plans to forge global partnerships with international distributors and logistics providers, Elecxtra is positioning itself for global expansion.

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About Elecxtra

Elecxtra is a technology-driven platform designed to revolutionise the electronics supply chain in India. By helping businesses convert surplus inventory into revenue, it reduces waste, accelerates sourcing, and empowers companies with AI-enabled procurement tools. Positioned at the intersection of sustainability, profitability, and innovation, Elecxtra aims to power India’s rise as a global electronics manufacturing hub.