Business Saga of LANTEC Technologies, MASAT: A Case Study

Abstract

Engineering products have been a key sector in overall manufacturing sector. One of the key engineering products is the Electronic Control Panel. As part of the Power Supplying unit these electronic panels support the plant site of the industries. Lantec Technologies is one such company in the electronic panel manufacturing Industries which is extending its services since 2006 and has a history effective 1995 when the owners took first step in engineering product manufacturing. The Company started full fledge operations by 2008 and then there was looking back. Even in the Pandemic the Company could manage to survive with its strength of product quality and better human values. This case study attempts to understand the domain of Electrical Control Panel Manufacturing Business& the strategic skills associated with such Businesses. It further aims togain knowledge with respect to the dynamics of Electrical Control Panel Manufacturing Business with special reference to Lantec Technologies, Masat. The Case creators have extended recommendation models & theories on Business functioning with special reference to Electrical Control Panel Manufacturing Businesses. The case has the potential to benefit the players in the industry. Also it has the potential to benefit the Students especially from commerce & management sphere and the new startups planning to enter the field of electrical panel manufacturing.