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Home > Company Profile
The group is also into measuring instruments and metrology in a focused way through its Electronica Mechatronic Systems (I) Pvt. Ltd. This company manufactures hi-tech measuring systems involving optical and magnetic technologies and has a turnover of Rs. 18 Crores.
The group has a joint venture with Minami Engineering of Japan holding 51% stake in EMS TECHNOLOGIES PVT LTD. In this unit products for electronics manufacturing are made that involve the futuristic surface mount technology.
Last but not the least, is Electronica Finance Ltd., which was founded in ’90 for providing financial assistance to SMEs (Small & Medium Enterprises). This company will do a business of Rs. 50 Crores of equipment finance this year. It is the only NBFC in India, specializing in providing finance for machine tools. It is also one of the best corporate agents of ICICI Prudential Life Insurance company.
The group registered a business volume of Rs. 205 Crores in March’05 growing at an average rate of 50% in the last 2 years. By March’06 the group is expected to clock Rs. 280 Crores and is ambitious to reach Rs. 700 Crores by the year 2010. This will represent CAGR of average 35% in the next 5 years. |
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