MIC bags orders worth Rs 4.89 cr

Image
Announcement Corporate
Last Updated : Jan 20 2013 | 1:18 AM IST
  • The company receives order from PARRAMATTA EELS NRL CLUB, Sydney, Australia.
  • Supply of LED Video True color Display Screens to various prestigious Universities of USA.
  • Domestic orders worth 1.09 Cr from Corporate Houses in India.

MIC Electronics Limited, global leader in design, development & manufacturing of LED Video displays & high end Electronic & Telecommunication equipment announced that it has bagged an order from PARRAMATTA EELS NRL CLUB, Sydney, Australia for the second time.

The company announced earlier this year of a 3 year long contract to supply video screen through their solid alliance with Sequity Pvt Ltd. Pleased with the high standard of work process matching the delivery lines PARAMATTA has decided to repeat the order.

The company has also bagged orders to supply LED Video True color Display Screens to various prestigious, Universities of USA such as Oakland University, University of Saint Thomas and University of Kentucky and ‘ICA Forwarding for AC Sports’ worth 0.88 Crore (US $ 198,000)

In addition to that the MIC also claims about domestic orders worth Rs. 1.09 cr from Corporate Houses for Supply of Indoor energy efficient energy LED lights.

Commenting on the achievement, Dr. M V Ramana Rao, Chairman & Managing Director said, “We are extremely happy that this fiscal year has proved to be extremely profitable for us. We have orders streaming in from various parts of the world. All this has been possible due to our streamlined work procedures & this is reflected in our robust order book position”

ABOUT MIC ELECTRONICS LTD:
MIC Electronics Limited is a global leader in the design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment and development of Telecom software since 1988.

Today, MIC's flagship products are LED Video Displays (indoor / outdoor / mobile), that have become an integral part of Sports Stadiums, Transportation Hubs, Digital Theatres and Theme Parks, Advertisements and Public Information Displays.

Headquartered at one of the fastest emerging IT cities, Hyderabad (India), it has nationwide presence in the form of a vast network of marketing, sales and service support centers in all metros of India. To meet the demand of its products worldwide, it has offices in Australia, Korea and USA. Now the company is gradually setting up operations in other international markets.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 28 2010 | 7:07 PM IST

Next Story