Essae - Teraoka Private Limited

Essae group of companies, head-quartered in Bengaluru was founded in 1965 with a vision to manufacture products which will help society. The total sale of this fast growing group in 2014-15 was Rs. 356 crore (~US$ 56.5 million). Essae family has more than 1500 members in its various units and operates in diversified areas ranging from Electronic Weighing System, Point of Sale (POS) System, Self-Service KIOSK, GPS Clock, Truck Scales, Barcode Systems, Machining Components/Assemblies, CNC parts and TQM training.

Essae has always stood for excellence in all the business areas it operates. The Essae Group is certified with ISO 9001, as a mark of its continuous commitment to Quality. The company holds very strong principles and guiding values of creating value for the customer, adhering to the corporate governance and generating win-win situations for all.

Due to its strong and healthy track record, Essae Group of companies enjoys a high level of trust and confidence of all its stakeholders. Apart from this, the Essae Foundation provides mid-day meals and management support for primary schools in rural areas. This foundation is supported by the Essae group companies and its members.

Vision

Share the wisdom and wealth for the welfare of external and internal customers, business associates and society at large.

Mission 

Innovation, Improvement and Institutionalization shall be the pillars of our business. We will provide world-class products and solutions to meet the needs of local and global markets.

Organisation is organic. Healthy growth is imperative, not optional. Nobody owns the organisation. Trusteeship is the vision by which growth can be established by involving all the stakeholders i.e., shareholders, external and internal customers, vendors, business associates and society at large. Any organisation that cannot fulfill the obligations of any of the stakeholders cannot survive.

"Win-Win" is the essence of healthy and long-term relationships.