company L&T Capital Company Ltd has invested around Rs 100 crore for a stake
in Mysore based Rangsons Electronics Pvt Ltd., an Electronic Manufacturing Services
Electronics, part of N R Group, is one of the fasted growing EMS Companies in
India. With four state-of-the-art facilities in Bangalore and Mysore and an international
procurement office in China, it caters to the High Mix High Tech product spectrum
of leading Indian and global OEMs.
on this occasion, President Operations & Member of the Board of L&T, Mr.
R N Mukhija said, "Looking at the market situation and its growth opportunities
we believe this investment will bear fruit for both partners Rangsons is well
positioned to create significant value for its stakeholders. We see a great opportunity
for Rangsons to be a global end-to-end solutions provider in EMS".
signing ceremony was held at Mysore in the presence of senior representatives
of both Companies.