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nor any opportunities which had potential growth for the company.
Siemens is well known for cost efficient production so, they will
be earning more profits on the same sales volume.
Advantages to Elpro International Ltd
U.S. $ 5 million is a very good consideration for a business
wherein only one product of isolator was being Produced.
it was obvious for them to sell off their business because sooner or
later the big rivals like L&T, Siemens, ABB & Kirloskar would
have hampered their business.
they were interested in new business like real estates and insurance
sector, which are in boom now.