The leading indicators for September showed that among the major economies, it was only India that showed growth gaining momentum. Growth was stable in the US, China and Japan, while Russia and Germany showed signs of easing growth momentum. The other big economies such as the UK, France, Brazil showed easing growth. Overall, the balance was still tilted towards stable growth momentum.
The company on February 22, has signed the joint venture agreement with Katolec Corporation, Japan to manufacture the products including high end electronics like printed circuit boards (PCB) and box build assemblies.