BOMBAY (PTI):A new Indo British joint venture company Rs components and controls India Ltd has been set up to provide components to Indian industry through a mail order service
The control group an Indian firm and Rs components of UK will hold equal equity in the company which will operate an industrial mail order service to meet the country’s requirement for reliable and quality electronic electrical and mechanical components for a diverse cross-section of industry.
Ravinder Khanna managing director control group said this is a path breaking concept being introduced in India which will be a welcome service as Indian businesses seek competitive advantages through control of valuable inventory and focus their energies on running their operations at peak efficiencies with minimum downtime.
This service would be available in India by April this year starting with over 5000 components of international quality stocked in India.
Article extracted from this publication >> March 4, 1994
