Business Daily from THE HINDU group of publications
Saturday, Apr 07, 2007
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate - Outlook
Industry & Economy - Power
States - Maharashtra
Demand for inverters seen rising

Rahul Wadke

As power cuts loom in Mumbai, industry ramps up supply chain


Setoffs
There is fear of sub-standard inverters entering market.
Inverter prices likely to shoot up.
Vital component in electrical inverter in short supply.

Mumbai, April 6 The market for electrical inverter is all set to boom this summer if the power companies go ahead with their plan for load shedding in Mumbai city.

Organised inverter manufacturers have already ramped up their manpower and supply chain. They are also searching for new dealers and suppliers for the city.

Mr Kunwer Sachdev, CEO of Su-Kam Power Systems Ltd, one of the leading inverter manufacturers, said Mumbai city may become a big market for inverters, but this summer none of the inverter manufacturers would be able to supply in big numbers. Inverters are not available in city markets as the residents have never used such appliances in the past.

"Inverters manufacturers will find it difficult to cater to Mumbai area as the current manufacturing capacity is tied up to the already established North and Northeast Indian market. A vital component in electrical inverter called MOSFET, which is imported from overseas, is currently in short supply. Therefore, inverters prices are likely to shoot up," Mr Sachdev said.

He said that the power situation in Mumbai has thrown up unique challenges and opportunities for Su-Kam and the company is sending a team of senior managers to handle the anticipated demand.

Building network

Another major inverter manufacturer, Luminious Power Technology Ltd, which is part of the SAR Group, has already gone one step further and started roping in new distributors for Mumbai city.

Mr Rakesh Malhotra, Managing Director of Luminious, said that the challenge for manufactures in the Mumbai area is not only to provide inverters but also to create the technical infrastructure for servicing the inverters. The city could need about one-lakh inverters immediately,'' he said.

"We already have our network of dealers outside Mumbai but now we are expanding our dealer network in the city," Mr Malhotra said.

Price option

Inverters are available from Rs 8,000 to Rs 12 lakh for various domestic and industrial requirements. The range starts with 800 VA domestic Inverter, which can supply power to one TV set and four ceiling fans and tube lights. It runs from three to 10 hours depending on usage.

Mr Sachdev fears that once the load shedding starts affecting normal life, people will rush to the market for inverters and in the process buy sub-standard products.

Demand

It takes at least 24 hours to inspect the power wiring, gauge the load and accordingly install the inverter, he said.

Mr Rakesh Agarawal, a supplier of inverters in Navi Mumbai, said that demand for inverters has been steadily rising in areas close to Mumbai city. The suppliers have not been able to full fill the demand in spite of working round the clock. Once load-shedding starts in Mumbai, demand will further increase, he said.

More Stories on : Outlook | Power | Electrical Goods | Maharashtra

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
`Clearance for clinical trials quicker in India'


Legal row not to impact IPO, says Fortis
Kinetic Engineering bags engine export orders
FBT on ESOP: Inefficient and inequitable
Jet, Air Sahara arbitration begins on Monday
HC sets aside TAMIN notices to employees
Ranbaxy acquiring 14.9% stake in Jupiter Bio
Heavy Engg mulls thermal plant in Ranchi
VA Tech Wabag bets on overseas markets for growth
ONGC persisting with labour case without legal basis: HC
Hindustan Motors calls off meeting with unions
Nuziveedu Seeds will promote Rs 1,500 cr SEZ near Chennai
McLeod Russel has no plans for diversification, says Aditya Khaitan
IDEB Projects builds land bank
Aitken Spence bullish on India
Dubai's DAMAC plans $1-b investment
IOC pins hopes on strong rupee
Demand for inverters seen rising
BHEL Hyderabad clocks Rs 630-cr profit before tax
Daimler sells 690 units in Jan-March


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line