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| Exchange Disseminated Time | Indo Tech Transformers Ltd has informed BSE that the brand of the products of the Company has been changed from ‘Indo-Tech” to “Prolec GE” with effect from November 11, 2010.
The name of the entity “INDO TECH TRANSFORMERS LTD” remains unchanged.
Brief on Brand change:
"In May 2009, Prolec GE, a Mexican transformer manufacturer acquired a majority share of Indo Tech Transformers Limited, a transformer manufacturer located in Chennai, India.
As part of its commercial strategy, Indo Tech will now introduce the Prolec GE name as the new brand for its products. The Prolec GE brand is strongly positioned in North America being recognized for offering reliable products and the best service, meeting and exceeding customer's expectations.
Prolec GE is a market leader in the development, manufacturing and marketing of transformers for the generation, transmission and distribution of electrical power. Behind this brand name there is more than 35 years of experience, unique talent of a professional team of experts driven by a strong commitment to quality, responsiveness and performance.
Innovation, technology, research & development are key elements in Prolec GE's business model.
Using state of the art equipment, advanced technology and having modern facilities the Prolec GE brand is now in India and the region, ready to serve the utility and industrial markets with reliable products and the best service." |
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