Rajasthan Electronics & Instruments Ltd. was founded to aid in the upliftment of the rural masses by enpowering them, making them self-reliant and upgrading their living conditions by taking electronics to the villages.
The birth of cooperative movement in India has its roots in the vision of Dr. Verghese Kurein, ex-Chairman, NDDB. He realized that the upliftment of marginal dairy farmers lay in their own hands through cooperative movement at community level.
NDDB, along with Department of Electronics, Govt. of India conceived a project to introduce Electronic Milk Testers (EMT), for accurate and instant display of fat content in milk. Rajasthan Electronics & Instruments Limited was born in 1981.
REIL is an ISO 9001 public sector undertaking started as a joint venture between RIICO(Rajasthan State Industrial Development & Investment Corporation) and Instrumentation Limited, Kota (ILK) with 49% and 51% ownership respectively. CCEA chaired by Hon’ble Prime Minister of India, has approved de-linking of the Company from its parent organization (ILK) on 03.02.2016 and shares held by ILK has been transferred in the name of Hon’ble President of India on 16.05.2017.
Encouraged by the success of the EMT and the willingness of the rural folk to accept modern technology, REIL initiated a bold step of providing a paradigm shift in technology by introducing computers at village level. It also made forays into the Renewable Energy Sector as well as Industrial Electronics and IT and has never looked back since.
With the advent of Solar Photovoltaics technology in the country and looking to its prospective applications for the rural areas, the company ventured into this segment, initially to manufacture SPV Modules in 1985. In the field of SPV technology the company further diversified into the manufacture of Solar Photovoltaic based application products, sub-systems and integrated systems most of which were developed in-house. In the SPV segment, the Company manufactures SPV modules and application systems including Domestic Lighting System, Street Lighting System, Chargeable Power Packs for the rural, telecom, Railway and Defence sectors.
The Company has a strong in-house Govt. recognised Research & Development Division which has enabled the the company to effect considerable improvements in the initial adopted technologies. Indigenisation of the Milk Testing equipment and incorporating the latest State-of-the-Art microprocessor designs over the initial and older LSI designs has enabled more features and new add-on equipment has been developed to provide integrated system solutions. A prestigious collaboration with the Department of Electronics ( DoE ) in 1990 for the establishment of Rural Electronics Technology Centre and an award from DoE for Excellence in Electronics in 1991, testify REIL's achievements in the field of Rural Electronics. The Consistency in Excellence is recognised with repeated award for Excellence in Electronics for the year 2001, given by the Ministry of Communication and Information Technology.
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Information Technology is instrumental for developing the software & services based turnkey solutions
required by customers especially in the area of Dairy IT, Electoral Roll Management, Digitization of Documents, Pre-Post Examination Activities, Banking & Financial, e-Governance applications, Applications on Handheld computers, Webcasting, Security Surveilliance System, Training & Education and In-house requirements with complete System Development Life Cycle (SDLC) of the products.
Human Resource Profile
The human resources are a major asset of an organization and REIL is no exception. The Company employs around 224 personnel in the organization. It has on its rolls, Graduate Engineers, Engineer-MBA, Chartered Accountants, Diploma Holders, skilled Technicians and the supporting staff. The Company encourages interaction among its staff and has a good record of industrial relationship and harmony.
Financial Health
The Company has an authorized capital of Rs. 1500 Lacs (US$ 1.83 Million approx.) and a paid-up capital of Rs. 1225 Lacs (US$ 1.49 Million approx.). The Company has recorded a turnover of Rs. 12136.97 Lacs (US$ 14.77 Million approx.) for the financial year ended 31st March, 2023.