German R&D provider invests in Lanka
CEO, Ralf Wedekind
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
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.