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Norbar has had a very proactive distribution model in India for many years which has given us an excellent platform for growth. However, there comes a point when the pressure to have a permanent wholly-owned presence in a country becomes too powerful to resist and Norbar has now reached that point.
The decision to set up a sales and customer service operation in India, is driven by the phenomenal growth of the Indian economy. Since its restructuring into a liberal market economy which began in 1991, India has become the world’s second fastest growing economy.
The figures speak for themselves. In 2010, the Indian economy was ranked as the ninth largest in the world with a gross domestic product of $1.73 trillion. In comparison to the other major economies (with the exception of China) which have remained sluggish since the financial crisis of 2008, India enjoyed growth of 7.7% in second quarter of 2011.
28% of GDP is industrial, in fact India has one of the world&rsq ...
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Norbar has devised easy-to-use online calculators that support the correct application of torque in three key areas:
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