MTL Instruments' global strategy

By Our Corporate Reporter

CHENNAI, FEB. 7. MTL Instruments, manufacturers of intrinsically safe barriers and isolators, has major plans, besides strengthening its Chennai facility.

Announcing this at a press conference on Saturday, Mr. Malcolm Coster, Chairman, MTL Instruments Group, said, MTL was now reviewing the activities of its worldwide operations and this was likely to result in yet more products being manufactured in Chennai. The company's products provide protection against explosion when electronic equipment is used to monitor and control process plants. The group was also thinking of making the Chennai facility as an export base.

Explaining the group's global strategy Mr. Coster said to maintain the group's leadership in the intrinsic safety market by continuing to promote high quality range of isolators and barriers, the group was looking for suitable acquisitions.

Mr. Coster was here in connection with the 10th anniversary of the establishment of its Chennai subsidiary. He said the Chennai operation had grown rapidly and it attained the status of MTL design and manufacturing centre for Asia-Pacific and sales headquarters for the whole of the Indian subcontinent.

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Section  : Business
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