STC-Exide power batteries to help automotive sector - Trade Minister

Shirley WIJESINGHE

The Government's expenditure on the automotive sector could be minimised considerably if it depended on the State Trading Corporation (STD) for its automotive power requirement, said Trade, Marketing Development and Consumer Affairs Minister Bandula Gunawardane.

Requirement of power batteries of any public sector organisation could be met with a local manufactured STC-Exide power batteries which are available at STC at the price discount of five percent.

Browns Ltd will provide a two and a half year warranty inclusive of a post purchased service in case of a sudden power failure in a vehicle, Minister Gunawardana said.

Minister Bandula Gunawardane was addressing the media at an event of signing an trade agreement between STC and Browns Group of Company at the Ministry auditorium yesterday.

The STC will be appointed the sole distributing agent for marketing STC-Exide power batteries, a locally manufacturing product from Browns Group of Company following this agreement. Minister Gunawardana said under the directions of Mahinda Chintana, his Ministry was bound to promote local productions and reduce expenditure on imports.

The trade agreement was signed between the Chairman of STD Pradeep Gunawardene and Executive Director of the Browns Group of Company Ishara Nanayakkara.