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Su-Kam, a manufacturer of on-grid and off-grid power backup systems, has seen its overseas market expand rapidly over the past year.
The company has focussed on the export markets for backup power systems in the backdrop of a relatively slow domestic market as grid power situation stabilises. But the technology-driven company has new products in the offing as demand for renewable energy, particularly rooftop solar power systems, take off.
Kunwer Sachdev, Managing Director, says over the past five years the company has established about 100 MW of rooftop solar systems both off-grid and on-grid with 70 per cent of the sales happening over the last one year.
The company is working in a number of States and off-grid systems are popular in UP and on-grid systems in the South, particularly Andhra Pradesh.
Sachdev was in Chennai last week for the launch of Brainy Touch, a versatile solar PCU monitor which can be used for on-grid and off-grid applications, with touchscreen facility and smartphone-enabled control features. It has started with a 2-kW unit and plans to offer up to 10 kW.
On the export front, the company hopes to conclude the current year with exports of over ₹200 crore to West Asia and Africa. This is an 80 per cent growth over that of last year. The company has aggressively targeted the export market recently and in the coming year is confident of exports growing to ₹300 crore.
Harinder Singh Jaidka, CEO, Global Business Division, said exports are driven by markets where there is acute need for power backup and demand for renewable energy.
Major markets are Africa, West Asia and the South-East Asia. In the coming year, the company plans to enter CIS and Latin America, he said.
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