RS, a trading brand of RS
Group plc, a global provider of product and service solutions for industrial
customers, proudly marks its 30th anniversary in India, celebrating three
decades of excellence, innovation, and commitment in the country. Since its
inception in March 1994 with a modest team of eight, RS India has grown into a
leading distributor in the industrial sector, with a robust team of 125
professionals and ambitious plans for further expansion.
Over the years, the company
has seen remarkable growth, expanding from an initial annual revenue of INR
1.02 crore in 1994-95 to an impressive INR 125 crore in 2024. This success
reflects its unwavering commitment to providing high-quality electronic and industrial
components, solidifying its position as the preferred choice for numerous
businesses across the nation.
Shiv
Bhambri, CEO at RS India, reflecting on his 20-year tenure, said,
"RS India has been a key player in reshaping the industrial landscape over
the past 30 years. We've transitioned from traditional offline purchases to
implementing global procurement strategies like vendor consolidation and B2B
eCommerce. Our commitment to supporting the academic community, especially
during COVID-19, highlights our dedication to making a positive impact."
RS India is deeply
committed to sustainability and social responsibility. Our purpose of making
amazing happen for a better world reflects our focus on delivering results for
people, planet, and profit. Our 2030 ESG action plan, 'For a Better World', is
designed to deliver long-term value for all our stakeholders. This commitment
has earned RS a place among the Top 100 ESG companies worldwide. We also engage
in student projects at various engineering colleges & universities
including the IIT’s and CSR activities, highlighting our dedication to
educational growth and community development.
Keith
Rice, Vice President RS Emerging Markets, RS Group said,
"As we celebrate this milestone, we extend our gratitude to our customers,
partners, and employees for their continued support. Our focus remains on
driving Continuous Improvement (CI) and enhancing customer satisfaction,
demonstrated by our improved Net Promoter Score (NPS). We are equally committed
to sustainability, with green initiatives across the supply chain reinforcing
our goal to make a positive impact. We eagerly anticipate a future filled with
further innovation and success."
As we enter the next phase
of growth, our commitment is to double the customer base, support the Make in
India initiative, drive innovation in industrial procurement, and promote
inclusivity and diversity. By embracing new technologies such as Big Data, AI,
Blockchain, and System Architecture, our aim is to remain at the forefront of the
industry. The goal is to integrate ESG objectives with supply chain
optimization, utilizing AI and digitalization to streamline and standardize
sustainability practices.
RS India continues to
evolve with the launch of the RS Mobile App, the cutting-edge tool is designed
to streamline operations for businesses exporting goods from the UK around the
world, offering instant access to a vast catalogue of over 750,000 electronic,
electrical, mechanical, test & measurement and PPE products. With real-time
stock and price information, the newly launched RS Mobile app embodies our
ongoing commitment to efficiency, customer satisfaction, and technological
advancement.
As we look to the future,
the vision is to continue its double-digit growth through digital transformation
in the B2B industrial space while ensuring high levels of customer
satisfaction.
