German R&D provider invests in Lanka

HIRAN H.SENEWIRATNE

German based global provider in electronics, plastics and metal technologies IVP Gmbh will invest for a Research and Development (R&D) unit in Sri Lanka in partnership with Tos Lanka Co. (Pvt) Limited.

The initial investment for the unit would be more than US$ 250,000 and will work with Tos Lanka. The main objective is to penetrate into the lucrative Indian market through Sri Lanka, the Chief Executive Officer Ralf Wedekind said.

"We hope to focus more attention on Sri Lanka especially for R&D activities to penetrate into the lucrative Indian market which will provide high value medium size state-of-the-art printed circuit bounds and many more to the global electronic market," Wedekind said.

All business transactions are controlled within our EMS- and ODM-Systems which are offered by our head office located in Buchenbach in Germany. The company offers individual components as well as complete services. Therefore, you have the possibilities to select only the services that global market needs.

Wedekind said that he wants to set up a modern R&D center in Sri Lanka in the future and it will educate Sri Lankan to design and produce high quality electronic components to the various electronic industry for the global markets.

The IVP Group is in the world presence with administrative offices and production facilities in Europe, North America and Asia. In addition we have strategic partners with several production firms across the global market.

Based on steady and continued communication, the IVP Group can operate as a dynamic and highly flexible company throughout the market.

We offer services as a global provider in the electronics, plastics and metal technologies.

Our partner companies and production locations all have the certificate of DIN EN ISO 9000 respectively 14001 and they are permanently supervised by the quality assurance of IVP Gmbh, Total Quality Management and due to continuous improvement of the production flow across nationalities which they could improve quality assurance constantly, he said.

Due to our global production plants with their individual production range, we can adapt our production possibilities to the needs of our customers and constantly advancing market, he said.

Our expertise in all sections of production leads to high flexibility, a high level of quality and favourable pricing. The products are mixed components assembly, manual assembly, cable assembly, RohS compliant handling Bonding (Chip on Board), Assembly of electronic devices LCD's and many more.

Tos Lanka Managing Director Jitsuo Mikasa told that Sri Lankan work force is very educated and competent and their ability to absorb the content of instruction is very high.

Tos Lanka a wholly Japanese - owned BoI enterprise, specialists in electronics manufacturing services, located in the Biyagama Export Processing Zone, has braved all over the past 12 years and continues vibrantly with its core business concerns.

The Chairman BOI Dammikka Perera said that this is an excellent venture for Sri Lanka.