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  MESSAGE FROM THE PRESIDENT
     
  Dear Esteemed Visitor,  
     
 
It’s been 15 years that Asa Bhanu Group has been established and I am happy that we are progressing steadily towards our goals. I am proud to state that we have been a profit making company since the day of establishment and could make steady profits even in the face of global meltdowns and recessions. I thank all my associates for the same.
 
     
  At the beginning of this financial year too Asa Bhanu employees and management committed themselves to be more customer focused to make quality a way of life at Asa Bhanu and to deliver every project on time. I am pleased to inform you that we have upgraded ourself to ISO 9001-2008 and are already implementing the process area requirements of CMMi level 3 and contemplating on going for CMMi certification. Our Software division Akebonosoft has attained CMMi level 3 certification from SEI.  
     
 
Our business is growing and diversifying into potential new areas. India is strengthening its infrastructure at a rapid pace
  
     
 
Airports play a key role in moving people & materials for fast economic growth. Public and Private sector enterprises are heavily investing in modernizing existing airports and building new green filed airports. We are actively participating in this growing sector by offering Flight information Display systems, Elevators & Escalators etc. We are building partnerships wherever necessary with equipment manufacturers and Systems/software developers to address these opportunities.
  
     
 
India is planning to add approximately another 100,000 MW of Power generating capacity during 2007-2012 period and is planning to introduce Metro trains in Hyderabad, Bangalore, Ahmedabad, Mumbai, Lucknow, Thiruvanantapuram and Kochi. Japanese Manufacturers should take advantage of the current favorable political and economic scenario and aggressively enter the Indian Market. Asa Bhanu is uniquely positioned to assist Japanese Enterprises to go to Indian market very quickly.
  
     
 
Regarding the on-going business segments, I am pleased to report to you that on behalf of Mitsubishi and Rotem, we have delivered the 62nd Metro train to Delhi Metro Corporation, New Delhi in April, 2007. We have fine tuned our procurement operations and as a result we started delivering products ahead of schedule to our Japanese Customers. I strongly congratulate our Croydon team for successfully completing one year of Off-shore design support to Mitsubishi Electric Europe.
 
     
  I take immense pleasure in informing you that we have started a Joint Venture Company in Japan, ‘H-MABTEC’ in partnership with renowned Japanese Companies. A Strong work ethic is one of the contributors to Japan’s economy and technological advancement. The joint venture blends this Japanese mind & work culture with the Indian Strengths, hence the motto ‘Japanese Mind with Indian Might’.  
     
  As we at Asa Bhanu believe that Motivated and Committed employees are central to the success of any organization, we are continuously attempting to make working at Asa Bhanu a pleasure. We have started campus recruitments to induct young engineers into the organization and planning to mould them in our corporate culture.  
     
  I am signing off with a promise to come back with more good news next time.  
     
  - B. Rama Bhadra, Founder Promoter & Managing Director, AsaBhanu Group.  
     
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