A high-tech company, Rakon, flies under the radar in New Zealand but it continues to expand and soon will open a plant in India which will double its capacity.
In a sense, it is not only strengthening its own industrial capacity, but also that of NZ, which some economists believe has become too dependent on China not just as a market, but also as a supplier.
Rakon’s new manufacturing facility in Bengaluru, India, is on schedule to open in mid-2023.
It says this centre of excellence will be a vital long-term competitive advantage for Rakon delivering enhanced manufacturing capacity and capability, and lower production costs.
Rakon specialises in the manufacture of frequency control and timing solutions for the telecommunications, positioning, and space and defence sectors. Continue reading “High-tech company Rakon due to open plant in India will enhance its (and NZ’s) competitive advantage”