20 November 2003 07:27
RBL WINS DEMING PRIZE, EYES EXPORTS (wins Deming Prize for excellent practice of TQM, to scale up exports from five percent of turnover in 2002- 2003 to 15% by 2007)
Rane Brake Linings (RBL), a part of the Rs687-crore Rane Group, has been awarded the Deming Prize from Japanese Union
of Scientists and Engineers (JUSE) for excellent practice of total quality management (TQM). RBL now expects its
overseas customers to take it more seriously and has a business plan to scale up exports from five percent of the Rs122
crore turnover in 2002-2003 to 15 percent of turnover by 2007. RBL has $2 lakh worth of orders for rail blocks from Sri
Lanka Railways. A number of inquiries have come from other countries and the company hopes to play a major role in the
conversion of cast iron into composite rail blocks in countries like Russia and China. It is also developing new
products for Australia and USA, where Railways have seen the conversion.
[AIW [Asia Africa Intelligence Wire]] |
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