R S Components focuses on e-trading to expand in India
Global industrial component and electronic products distributor R S Components and Control is seeking to expand e-trading platform to increase turnover from India over three-fold by 2010-11.
By PTI |
NEW DELHI: Global industrial component and electronic products distributor R S Components and Control is seeking to expand e-trading platform to increase turnover from India over three-fold by 2010-11. The UK-headquartered firm is also targeting the small volume supply segment customers in the research and development sector and small batch manufacturing market as part of strategy to increase turnover in India to Rs 100 crore by 2010-11, from the existing Rs 30 crore.
"Last year we had a turnover of Rs 30 crore and we are looking at a figure of Rs 100 crore by 2010-11. We hope by the end of that period 25 per cent of our sales and turnover would come from our e-trading platform," R S Components and Control India Chief Executive Officer Shiv Bhambri said.
He said the company introduced 50,000 new products in the last few months in diverse ranges including process control and automation, electrical consumables, electronic components, information technology, health and safety, mechanical products, office equipment and semiconductors.
"We have a two lakh strong product range sourced from 1,200 leading brands across the world. Our customer range has crossed 50,000 in the country and we are seeking to increase it further to achieve the Rs 100-crore turnover in three years," Bhambri said.
"We are introducing the online payment system in another two months and it would complete our cycle of e-trade business," he added. The company has presence in 26 countries and distribution channels in 38 other nations across the world.
"Last year we had a turnover of Rs 30 crore and we are looking at a figure of Rs 100 crore by 2010-11. We hope by the end of that period 25 per cent of our sales and turnover would come from our e-trading platform," R S Components and Control India Chief Executive Officer Shiv Bhambri said.
He said the company introduced 50,000 new products in the last few months in diverse ranges including process control and automation, electrical consumables, electronic components, information technology, health and safety, mechanical products, office equipment and semiconductors.
"We have a two lakh strong product range sourced from 1,200 leading brands across the world. Our customer range has crossed 50,000 in the country and we are seeking to increase it further to achieve the Rs 100-crore turnover in three years," Bhambri said.
"We are introducing the online payment system in another two months and it would complete our cycle of e-trade business," he added. The company has presence in 26 countries and distribution channels in 38 other nations across the world.
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