Today the economy is driven more by supply. The competition is keener and prices are assumed to be dropping all the time. Quality and innovation are the key drivers for sales.

How does one adapt to this situation?

Answer: By focussing on market research, R&D, product design and marketing while shifting the rest to specialist partners. In other words, outsource all except the strategic expertise.

Continuous pressure on prices have made it a common occurrence to look at low cost manufacturing economies such as India, as the outsourcing specialists.

However, the diversity in cultures, customs and manufacturing practices raise practical considerations of communication and trustworthiness.

This creates a need for an organisation based on the principles of 'Thinking Global and Acting Local'. It should understand the needs of International buyers as well as Indian manufacturing practices.

Global Resources, and now iQS engineering are the outcome of this logic.

Although the advent of new communication technologies has made the world small, the need for such an organisation will always persist.

The success and growth of our company proves our strong belief in these principles.