All-Round Expansion

Lighting Sound Reinforcement and All-Round Expansion Public Address contract has been awarded to the company, is progres Hansavivek sing to tight schedule. Lighting has PEICO ELECTRONICS AND ELEC- TRICALS has received letters of intent for standard film resistors, foil variable capacitors and carbon potentiometers. Besides, the company has submitted further applications for expansion in the field of electronic components. (Meanwhile, a programme of modernisation to introduce 'state of technology' components in the coming years has been initiated. In the consumer products field the company introduced last year a quartz controlled clock radio, a threeband radio-cassette recorder, a stereo radio-cassette recorder and a direct control semi-automatic hi-fi turntable. It has applied to the government for new capacities and expansions to substitute imports and meet the needs of the equipment assembly industry. In the professional products field the company introduced a number of new and specialised welding electrodes. It is seeking expansion in its capacity, particularly for specialised electrodes. It has recently received a letter of intent for a range of welding equipment to be manufactured in technical collaboration with N V Philips' Welding Industries at Kalwa in Maharashtra. A number of new measuring instruments were introduced. A highly sensitive multimeter of advanced specifications designed for the international market was launched. The increasing demand for turnkey solutions and installations has opened new opportunities for the company.