According to Mr. Subodh Gupta, CMD, Microtek International, The progress
of the Power Backup industry, be it Home Ups, UPS for computers or
ONLINE UPS for critical applications has been constant and growing. As
by the government's initiative of making power available to every corner
of India, the demand for power has also been growing, so is the need for
more stable and uninterrupted power. He says that, yes we are aligned
with your predictions, in the current scenario some companies are
growing at 15-20% and some in single digit. At an overall level the
average growth will approximately be under the range of 10 to 12% as it
has been growing for the last few years. Online UPS have a huge
market space in the market, he says we are already focusing on "Make in
India'' initiative and contributing well towards Atma Nirbhar Bharat. We
have already started manufacturing many models in our State of the Art
plant in Baddi, Himachal Pradesh, equipped with the latest machinery &
Testing equipment. To widen our customers base, we are focusing on
adding more models as per market requirement and even customizing them
for specific requirements.
On the issues of Rooftops & renewable sources of energy. Mr. Subodh
Gupta believes that the coming decade belongs to Renewable Energy, this
is clear to us. Keeping the environment healthy is the global need and
all the governments cross the globe are shifting dependence on non
polluting renewable sources of energy. FDI will surely give a big push
to the sector, but it seems the big players will benefit most out of it.
Solar Rooftops are being used more and more in villages and rural areas
as the respective state governments are also providing subsidies to
promote them.
SD has been a binding force for this industry as Dr. Sai has been
passionately involved in each and every minute details. Every year he
puts extra effort to get the stalwarts of the industry on one stage
during the SD Awards event. The contribution of SD and Dr. Sai is
immense and cannot be measured in words. We wish him success in the
years ahead.
Switching AVO is of the opinion is that it may be around 10%, next
financial too primary reason being time lost in General Elections. Mr.
Rabindra Agarwal, MD, AVO laments at that we are already on track of
manufacturing within our factory and have established resources for
fulfilling the need for ATMA NIRBHAR BHARAT.
This has given us a specific advantage, as at AVO we are able to meet
the requirements of Govt and Banking sector to a large extent. A lot of
background work is going on the technical side well supported by our
management. I personally look forward to increased market share for AVO
in 3/3 in the months and years to come.
Softdisk is working has been working as a glue for over 3 decades now
bringing all competitor under one roof every year. His work is amazing
that we salute his team for doing it year after year.
According to Mr. Rajaram Ramamoorthy; after the Pandemic, most
businesses that survived the pandemic have started seeing an upswing in
business. Growth of Data Centers in India and the increasing
manufacturing activity and growth of retail business will need clean and
uninterrupted power, which will be drivers for the growth of the UPS
market. With the economy being vibrant and India being a credible and
viable alternative to China, the investments in India will continue to
be on the upswing. UPS being a very necessary product to any business,
will be market to be watched.
Three Phase UPS Systems' demand has been increasing in the past and
the demand is expected to continue due to the growth of the
Manufacturing, Healthcare, Data Centers and other verticals. E&C has
been catering to its customers fir their 3 phase requirements and will
use this opportunity to increase its presence and business in this
area.
Promoting roof top solar plants which can eliminate the need to cut
down green cover and forcing migration is a good alternative. Generating
power for self consumption through roof top solar plants reduces the
stress on the grid as well as power costs for consumers. With cost of
solar systems coming down, the growth of solar rooftops with Lithium
battery systems will be a growth area, which will help the environment
as well.
SoftDisk has been focusing on the Indian UPS Industry for over three
decades. While International reports focus on Multinational UPS
companies, SD's focus is on recognizing the Indian UPS Companies as
well. SD's annual UPS Day is an event most looked for by the Indian UPS
fraternity as it brings together all the Indian UPS Companies to one
platform to recognize their contribution to the UPS market, exchange
views and ideas from Industry leaders, and also address industry related
issues which need attention and cooperation. SD is the only "Indian UPS
Industry Analysis". I expect that for more visibility for SD to become
higher, internet presence is key. SD should be seen as a India centric
UPS analysis along side foreign research reports, which list only MNC
Players.
According to Mr. S. Sabapathy Micron Systems & Controls Pvt. Ltd.,
Bangalore, the energy industry in India weather be regular power or the
renewable (Solar, wind or Biomass) has been witnessing a steady growth
post Covid, it has been a good last year and the trend continues. I
personally expect that we should able to touch double growth for sure,
in-spite of difficultly in component procurement. We anticipate a growth
rate in our industry ranging from 15% to 17.5%. In the upcoming
financial we are all set for a big boost in turn over terms contributing
towards the development of the nation both in terms of providing
employment & revenue.
Soft Disk is not just a Magazine but it is the Business partner for
our power Industries. An agency which provides accurate data which helps
us to redefine and develop our business strategy in right direction. As
they say "Data is the Business!" and Business means good correct data.
We congratulate Softdisk for the achievement of 30 years award ceremony
as uninterrupted as we call our industry we may fail but Softdisk wont.
Our best for the year ahead. May they continue like this forever.
As per Mr. Christo George, MD, Hykon; The projected growth by
Softdisk is indeed quite realistic. This growth is likely driven by
increasing demand for clean and sustainable energy solutions, supportive
government policies, and ongoing technological advancements in renewable
energy.
As India is emerging as one of the World's largest economies, there
will be a significant demand for Online 3 phase UPS for industries. The
increasing prevalence of IoT-connected equipment in industries makes
their equipments more sensitive. The adoption of a single,
higher-capacity 3phase Online UPS solution for entire factories is
gaining popularity, eliminating the need for separate UPS units for each
piece of equipment.
To meet this demand, Hykon is in the process of establishing a new
manufacturing facility to produce higher-capacity 3 phase online UPS
units equipped with Lithium battery packs, offering capacities of up to
500 KVA.
The new Hykon plant, is implemented a state-of-the-art bi-directional
Solar UPS system with Lithium battery packs. This innovative set up
enables the entire factory to operate solely on solar energy while
simultaneously charging the batteries. Any surplus energy generated
during daylight hours will be seamlessly integrated into the grid. At
night, the factory will draw power from the stored energy within the
battery, ensuring uninterrupted operations. This cutting-edge solution
is called Solar Battery Energy System (S-BESS).
Government of India has devised a comprehensive roadmap for the next
five years, emphasizing the widespread deployment of Battery Energy
Storage Systems (BESS) in both industrial sectors & energy distribution
companies. In line with this vision, Hykon is establishing a BESS Plant
in their new factory to showcase this pioneering technology. They
envision a future where numerous industries and institutions become
self-sufficient energy producers. As the cost of Lithium battery packs
continues to decrease, this approach becomes increasingly cost-effective
compared to procuring electricity from conventional energy distribution
companies.
SOFTDISK has played a crucial role in bridging the gap between
companies and customers in the green energy sector, serving as a vital
glue for the industry. To strengthen its presence further, it can
continue to facilitate knowledge-sharing platforms and networking
opportunities to foster a cohesive pure, green energy, & big data
community.
Mr. Narayan Sabahahit, MD, Techser Power Solutions is some what
conservative in his prediction, he believes that the industry could see
CAGR of anywhere between 8.5% to 10% over the next 5-6 years(2030)
Though he also aggress that there is a lot of Demand for three phase
UPSs. Which are gaining momentum. In this segment again, Modular UPS are
becoming common in many sectors including BFSI, Education segments. To
take advantage of "Make-in-India' initiative, we are increasing the
capacity of our manufacturing units.
With respect to renewable energy substitutes for conventional UPS, it
is gaining importance especially in Government BSFI/Education segments
and also in government/FDI supported projects in rural/semi-urban areas.
On similar lines rooftop systems are also increasing in Governmental
building rapidly. In private segments there is surge in renewable energy
deployments in units/factories located in tier 3 town/cities due to
paucity & uninterrupted power from ESCOM's grid. And as per SOHO market
people could be waiting for more efficient systems and also for
reduction in prices of systems and allied components of renewable energy
deployment.
Soft Disk is doing fabulous job in increasing awareness of
socio-economic & environment issues related to Energy sectors amongst
UPS/IT/ITES fraternity. SD is bringing out valuable knowledge-rich
articles couples with surveys which helps users of our products &
services to partner with right people and products.
Mr. Narayan Sabahahit, MD, Techser Power Solutions is some what
conservative in his prediction, he believes that the industry could see
CAGR of anywhere between 8.5% to 10% over the next 5-6 years(2030).
Though he also aggress that there is a lot of Demand for three phase
UPSs. Which are gaining momentum. In this segment again, Modular UPS are
becoming common in many sectors including BFSI, Education segments. To
take advantage of "Make-in-India' initiative, we are increasing the
capacity of our manufacturing units.
With respect to renewable energy substitutes for conventional UPS, it
is gaining importance especially in Government BSFI/Education segments
and also in government/FDI supported projects in rural/semi-urban areas.
On similar lines rooftop systems are also increasing in Governmental
building rapidly. In private segments there is surge in renewable energy
deployments in units/factories located in tier 3 town/cities due to
paucity & uninterrupted power from ESCOM's grid. And as per SOHO market
people could be waiting for more efficient systems and also for
reduction in prices of systems and allied components of renewable energy
deployment.
Soft Disk is doing fabulous job in increasing awareness of
socio-economic & environment issues related to Energy sectors amongst
UPS/IT/ITES fraternity. SD is bringing out valuable knowledge-rich
articles couples with surveys which helps users of our products &
services to partner with right people and products.
According to Mr. Sumanth Kumar, President UMDA, & MD, PNS Systems
Pvt. Ltd., believes that any growth above 10% is a positive and welcome
indication, considering the fall-out of economic slowdown globally.
We believe in manufacturing indigenous products and we also appeal to
our clients to encourage Make in India products. While costing
challenges and competition still persist on imported China made UPS
systems, we still appeal and promote Made in India UPS Systems due to
the inherent advantages that we can offer.
The biggest advantage of Made in India UPS Systems is the quick
turn-around time in case of any service issues, due to the easy and
in-house availability of spares. The challenge that Chinese made UPS
systems installed in Indian space is the lack of availability of spares
and extremely high AMC costs, as the customers tend to get advised to
simply replace the existing UPS system, which again translates to a huge
capital expenditure. However, we are working hard to upgrade our
designs, especially in magnetics, for reduction in cost and size.
Being in the domain of green energy/ solar roof top solutions along
with our domain of UPS / back-up power solutions - is an added advantage
and a win-win for all - the suppliers, the consumers and the environment
too. This is because of the fact that solar roof top solutions are a
very closely associated vertical for us in the power electronics sector.
Due to the same, offering quality design and installation services in
the domain of rooftop solar solutions definitely been an added advantage
in terms of sales.
Softdisk which goes synonymous with Dr. Sai Krishnan has been the
only platform where the entire UPS as well as Solar fraternity is
brought together every year and recognised for their contribution to the
industry. Softdisk not only has been motivating but also being a bridge
among Manufacturers to complement their business.
According to Mr. R K Bansal, MD, Uniline Energy Systems,
Regarding the predicted industry growth of 10.8 to 12% for FY 2023-24,
we believe it aligns well with our internal projections. We anticipate a
robust growth trajectory in the energy systems sector, driven by
technological advancements and an increased focus on infrastructure
development. Uniline Energy is strategically positioned to capitalize on
this growth, leveraging its expertise in providing efficient power
solutions. The goal is to contribute significantly to this industry's
expansion while maintaining the highest standards of quality and
innovation.
Emphasis on three-phase Online UPS and the "Atma Nirbhar Bharat"
initiative is indeed promising. Uniline plans to enhance local
manufacturing and expand our customer base through tailored products.
Building strong partnerships and a robust distribution network is
integral to our strategy, enabling us to connect with more customers and
provide them with tailor-made solutions. Uniline has been focusing on
high technology segments of the industry including Defence & Research
organizations. Where our systems have been well accepted & appreciated.
Green energy and renewable sources are essential pillars for a
sustainable future. Uniline recognizes the importance of environmental
responsibility & anticipates a significant boost in sales as a result of
increased foreign direct investment in the renewable energy sector. We
are committed to eco-friendly solutions and are actively involved in
projects related to solar power and other sustainable technologies.
Rooftop utilization is a commendable approach to reduce the
environmental impact, promote energy independence, and mitigate
deforestation & rural migration.
Softdisk's role as a bridge between companies & customers is
instrumental in fostering collaboration and knowledge sharing within the
industry. To further enhance this role, Softdisk could consider
facilitating industry-specific forums, conferences that bring together
stakeholders from various sectors. This would create a platform for
meaningful discussions, idea exchange, & networking opportunities. By
acting as the glue that binds the industry as a whole, Softdisk can play
a vital role in driving innovation, growth, and cooperation.
Being in the domain of green energy/ solar roof top solutions along
with our domain of UPS / back-up power solutions - is an added advantage
and a win-win for all - the suppliers, the consumers and the environment
too. This is because of the fact that solar roof top solutions are a
very closely associated vertical for us in the power electronics sector.
Due to the same, offering quality design and installation services in
the domain of rooftop solar solutions definitely been an added advantage
in terms of sales.
Softdisk which goes synonymous with Dr. Sai Krishnan has been the
only platform where the entire UPS as well as Solar fraternity is
brought together every year and recognised for their contribution to the
industry. Softdisk not only has been motivating but also being a bridge
among Manufacturers to complement their business.
In India, where the IT and digital industries are at the forefront of
enabling seamless digitization, the digital revolution is well under
way, and the nation is quickly establishing itself as a significant
player in the digital economy. The switch from antiquated to modern
digitalized processes has resulted in a major expansion of the sectors
like, IT & ITES, BFSI, Healthcare & Pharma, Manufacturing and so on. We
at Fuji Electric anticipate this rapid growth of these sectors will
further boost the demand of our power backup solutions, as industry will
also grow well over 10% laments Mr. Shivaji Wagmare, MD, Fuji Electric.
In order to support the rising demand for our product and solutions
from several segments, we recently invested over 150 Cr adding up over
65000 Sf of additional space of a brand-new, cutting-edge facility in
Chennai. This investment is a part of our plan to strengthen our India
operation and support IN INDIA FOR INDIA roadmap. We intend to end the
fiscal year (FY23) with a Y-o-Y growth of over 30%.
India's economy is undergoing a significant digital transition, and
we note significant growth in the data center sector, which is followed
by other core segments. And this will continue since greater demand from
Tier-I, Tier-II, and Tier-III cities is anticipated as a result of the
initiatives for growth and the potential in this area. This is because
India is predicted to experience rapid expansion in the production of a
variety of high-end electronic equipment, machinery, and industrial
settings.
As a result, we believe that the markets for 3 Phase Online UPS
systems in Indian power electrical systems will grow beyond what we have
already seen since more enterprises will go digital, which is essential
for achieving the necessary uninterrupted power supply. Additionally,
tier two and tier three cities, previously lacked this kind of
infrastructure, are now experiencing significant improvements due to the
growing penetration of the IT and IoT industries in those cities. Hence,
the market will continue to expand and will do so in the future due to
trends toward increased digitalisation and an increase in Indian
manufacturing.
Fuji Electric's agenda is to facilitate investment, and bring in
state-of-the-art technology and innovation here and become a global
manufacturing hub. Produced locally for global audience - is the agenda
with which we are moving ahead. We are bringing out new products to
match the growing demands of the customers and so, we are expanding
rapid growth in our customer base.
As part of Fuji Electric mid-term plan for India provides a roadmap
to strengthen our local presence by ramping up our Manufacturing setup,
localise R&D and bring solutions designed and developed in India for
Indian Customers.
As the leading voice of the power electronics sector in India with a
particular focus on the Power Backup category, we have a relationship
with Softdisk that dates back over 2 decade. We value the thorough and
frank reviews and market data offered in their articles each month. We
hope SD further continued success in the future.
Mr. Swarup Paul, MD, Better Power feel that industry will grow at an
overall rate of 10.8% to 12% indicating that the industry as a whole is
experiencing positive expansion. This growth rate typically implies that
the industry is performing well and is likely attracting increased
investment and attention from businesses and investors.
Developing marketing campaigns that highlight the advantages of our
UPS systems, especially in terms of quality, reliability, and
localization. Leverage digital marketing and traditional advertising
channels to reach a wider audience. Listening to customer feedback and
continuously improve our products and services based on their input,
demonstrates our commitment to customer satisfaction and product
excellence. We at Better Power Services are keeping up with what the
market requires and have started production of 3 phase UPS which will
be MII compiled. Better Power Services is also moving with the growing
trends of green energy and investing money in the same, Increased
investment in green energy and renewable, whether through FDI or other
means, can lead to the construction of more renewable energy projects,
such as solar and wind farms. Better Power services is considered as one
of the important vendors for green energy in Northeast India.
SD is working as a bridge between the customers and vendors by doing
more surveys and understanding the requirements of customer and vendors.
By going through the survey reports vendors are able to upgrade
themselves.
Mr. K M Krishnamurthy, MD, Powernet Solutions, was really happy with
a performance of his company in the last fiscal being around 18%.The
company manufactures lift logic boards along with lift UPS which have
become very popular in the South East Asian market. They are OEMs to a
many popular brands of elevators which they didn't mentions because of
contractual obligations. They are also finding in Single phase & Three
Phase Online Sytems of various categories. They believe that Softdisk
has been doing a yomen service for a power electronic industry as a
whole & there is no parallel to it in India. No other magazine on power
electronics started with it has survived in India.
Mr. Aditya Khosla, CEO of Nexus ower Systems, We are expecting an
industry growth of 7-9% for the financial year 2023-24.
Currently our focus has been on Three Phase UPS systems. We are
constantly trying to grow in terms of numbers and capacity of the UPS
systems along with other power conditioning products. Under our
governments Make in India initiative, we are proud to be the only Indian
UPS manufacturer to have installed our UPS systems at the Pradhanmantri
Sangrahalaya (Museum of Prime Minsiters of India) and the complete
project is powered and backed up by Nexus UPS systems.
SD has been doing a great job for all these years giving the power
conditioning industry a platform to come together and discuss industry
trends. It would be great to see more open discussions amongst all the
members in the future.
Mr. B T Mallikarjuna, MD, Gravity India are an Power Infrastructure
& Backup solutions integration company with 25+years of rich experience
in providing power backup solutions and services. We offer solutions
encompassing Power Conditioning products and Solutions, HVAC Solutions,
Data Center Solutions, AV Products, IOT Solutions, UPS systems with
batteries, Precision AC's, Surge Protection Devices (SPD's), Fluke Test
and Measurement Tools, Automatic Transfer Switches, Inverters,
Transformers, Servo Stabilizers, Active Filters and Distribution
Panels.
On top of these solutions, Gravity has built their service team with
infrastructure and Capabilities for supporting Installation &
commissioning, Warranty Support, Servicing of Boards at our own
anti-static lab, Professional services and Managed services.
In professional services, Gravity offers Power Quality Audit,
Pre-Implementation and Post Implementation site study, Electrical
cabling and distribution for new facilities while in managed services
offerings, we provide AMC for Multi Brand UPS systems, Electrical
Maintenance Services & Rental UPS systems. They have trained groups of
engineers spread PAN India supporting various Customers.
Regarding our partnerships - They are an ELITE BUSINESS PARTNER for
VERTIV (formerly known as EMERSON) from last 25+years as well as a
preferred partner of AMARARAJA batteries.
Over & above they manufacturer Home UPS System, Online UPS Systems of
Gravity brand in their in house facility.
Mr. Y B Suresh Director, Total Power, As expected our power Industry
will grow because of other manufacturing sectors are showing progress
and start expanding , government also enhancing their IT infrastructure,
and SME sector also showing growth, so there is an opportunity for our
sector to grow over 12%.
We are also working on the requirements of 3 phase Online and Offline
UPS segment in industries and for lift applications , nowadays we see
lot of machineries users are recommended and using Online UPS in place
of Servo stabilizers.
Considering steady increase in energy demand and higher tariff from
ESCOMs, Lot of industries are going for rooftop installations to meet
their demand and to reduce Energy cost. It supports environment as well
as to make our country energy independent. More importantly it reduces
polluting environment, deforestation, mining fuel for energy and
affecting villagers in forest areas.
SD can work on ONLINE promotion of their magazine in a better way to
reach more and more potential readers and decision makers to understand
present technology and to provide an opportunity to decide and invest in
right product and technology for their energy needs. SD also can Promote
companies and enhance their business on paid basis.
According to Mr. M R Rajesh, MD, Powerone Micro Systems Pvt. Ltd.,
Bangalore 2023-24 is a very significant year in the UPS industry. India
wanted to be a parallel force to China in Manufacturing. So Indian UPS
market has to invested heavily on its Manufacturing facilities &
Factories. The growth possibilities are tremendous. As an Indian
Manufacturer out challenge to compete with global products and supply
world-wide, will be tested. We have started our initiatives in those
directions already. Now in India many UPS companies have taken over by
MNC companies & these companies have grown in big way due to big
investment & very professional management.
Powerone which is already largest Hybrid SPCU Manufacturer from India
has built up a huge four storied facility to bring all manufacturing
activity under one roof which include UPSs a very high capacity, UPSs
(Three & Single) Phase, Energy Storage Systems(ESS), Static EV Chargers,
Frequency Converters, Hybrid SPCU, Grid-tie SPCU, other SPCU plus other
customized products depending on the orders. Today Powerone posses
ability to manufacturer almost all types of electronic equipments in
their new facility which is already functional.
Lamenting on Softdisk Rajesh says, our relation with Softdisk started
right from the beginning, which is now over 3 decades old. Being one of
the most unorganized sectors, those days, Softdisk, has predominantly
contributed to find out and Analyze the size of the market. We recall
the time invested by the Softdisk team to understand our kind of
business over the years. Softdisk plays a major part in the industry
with its novel ideas of product introduction, Data Collection and
analysis. They act as a glue to keep the industry together where even
the biggest of competitors have some thing to share. Softdisk also
extend its team to reach the upcoming companies to make sure that the
industry always gets its attention. There humbleness lies in listening
to even the newest of company with rapt attention.
Mr. U B Shenoy, Director, Alpha is one of the is of the opinion is
that it may be around 12-14%. He further laments at that we are already
on track of manufacturing within our factory and have mobilized
resources to meet the MAKE IN INDIA INTIATIVE fulfilling the need for
ATMA NIRBHAR BHARAT.
A lot of background work is going on the technical side well
supported by our management. I personally look forward to increase the
market share Alpha and put all our efforts to market not only in India
and also exports to countries like Britain, Africa (Nigeria & Lusaka
Zambia) and the Gulf.
Tremendous efforts of Softdik to bring all the industry under one
roof and hats off to them for achieving this even during Covid-19
Pandemic years. |