REXEL IndiaConcludes Amalgamation of Yantra Automation & AD Electronics
Becomes the No. 1 Electrical & Technical Automation Distributor in India Mumbai : REXEL India Pvt. Ltd. announced the amalgamation of two distributors of Rockwell Automation namely Yantra Automation Pvt. Ltd. and AD Electronics Pvt. Ltd. with REXEL India Private Limited, making it the No. 1 Electrical & Technical Automation Distributor in India. REXEL India is largest technical automation distributor in country today with sales exceeding 210 crores, presence in 16 states, 25 locations, 240 employees and 10 stocking points. Commenting on this, Mr. Vikas Garg, Managing Director, REXEL India Pvt. Ltd. said, “With this amalgamation concluded, REXEL will be able to serve a large base of customers much better and will also improve the professional distribution of Electrical and Automation supplies across vast geography of India. We have been growing at a CAGR of 22% last 4-5 years and we are hoping to reach a turnover of Rs. 500 crores by 2018.” “REXEL India M...