RS Components, the world’s largest distributor of electronics and maintenance products announced the opening of their innovation hub, a new ‘Electronic Centre’ in Bangalore. The high service level supplier of electronic components and tools plans to invest close to $ 15 million over the next two to five years at the Bangalore centre.
The new 2000 Sq feet office in the heart of Bangalore has been set up to support electronic design engineers and manufacturers in the region. The company also plans to set up a warehouse which will enable RS Components to undertake “next day delivery” to its customers.
The Bangalore Centre will have technical marketing and support teams, specialized sales force that will focus on specific industry verticals like IoT, Medical Electronics, Aeronautics, Automotive and R&D sector.
Speaking at the launch of the Electronic Centre, Mr. Keith Rice, Head of Emerging Markets, RS Components Worldwide said, “Our Electronic Centre at Bangalore is a great opportunity to bespeak RS’ strong value proposition in the light of our technical expertise and tailor made solutions that create a huge difference in the day-to- day life of a design engineer.”
Talking about the potential of the Indian market and RS India’s growth Mr Keith Rice added, “RS envisages India as one of the most promising and high potential markets. The pace at which the RS India story is accelerating will soon turn out to be a significant advantage for them on a global landscape.”
Mr. Shiv Bhambri, CEO RS Components India, further added, “The Bangalore Electronic Centre is a reflection of the strong Indian ESDM market, as well as the continued growth of the Indian operations of RS Components, which has been a part of the electronics design and manufacturing story in India for the past 20 years.”
Explaining the reason for setting up such a large operation in the city Mr. Shiv Bhambri said, “Bangalore has emerged as a major global EDSM hub and recognised as the R&D capital of India. Most of the Global Industries and PSUs in strategic electronics have their manufacturing facilities and R&D centres in Karnataka. Therefore it was important for RS Components in India to further expand it’s Electronics focused set-up in Bangalore.”
On the role of the Bangalore office in supporting the local ESDM community, Mr. Shiv Bhambri said, “The Electronic Centre at Bangalore will be key to RS Components goal of providing technical training and assistance to Design engineers and students. The engagements with design engineers will influence and drive our electronics business which is targeted for high double digit growth in near future”.
By EB Bureau