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RS India Celebrates 30 Years of Excellence and Innovation

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RS India marks 30 years of growth, expanding from a small team to a leading industrial distributor with INR 125 crore revenue.

593 views | Date: September 17, 2024

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RS India Celebrates 30 Years of Excellence and Innovation
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Bengaluru- RS, the trading brand of RS Group plc, celebrates 30 years of success in India, marking three decades of innovation and commitment. Since its launch in March 1994 with a small team of eight, RS India has grown in distributor in the industrial sector, now boasting 125 professionals. From an initial revenue of INR 1.02 crore in 1994-95, the company has soared to INR 125 crore in 2024, cementing its position as a trusted provider of electronic and industrial components nationwide.

Mr. Shiv Bhambri, CEO at RS India, reflecting on his 20-year tenure, "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 committed to sustainability and social responsibility, driven by the purpose of "making amazing happen for a better world." Through our 2030 ESG action plan, "For a Better World," we aim to create long-term value for people, the planet, and profit. This dedication has earned RS a spot among the Top 100 ESG companies globally. Additionally, we support educational growth through student projects at engineering colleges, including IITs, and engage in community development through CSR initiatives.

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 RS India enters its next growth phase, we're focused on doubling our customer base, supporting the Make in India initiative, driving innovation in industrial procurement, and fostering inclusivity. Leveraging technologies like AI, Big Data, and Blockchain, we aim to integrate ESG goals with supply chain optimization and streamline sustainability practices.

The launch of the RS Mobile App offers instant access to 750,000+ products, real-time stock updates, and pricing, enhancing global operations and customer satisfaction. Looking ahead, our vision is to continue double-digit growth through digital transformation in the B2B industrial space.

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