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Softdisk found in its nation wide survey that the Power Electronics
Industry grew by 547.09 Crore to net revenues of nearly 7822.22 a
growth by 7.52%. In July we have predicted that industry is anticipated
to grow by nearly 10% as the first quarter was good & the previous
quarter slowed because of Central Elections, their was optimism in the
amongst the people. was good. Govt. had placed many orders in the Feb
of
fiscal 2023-24 which were executed in the first two months of first
quarter of fiscal 2024-25.
 Switching AVO believes that the growth for the next financial year
may be around 8-9%, with the primary reason being the time lost due to
the General Elections. Mr. Rabindra Agarwal, MD of AVO, expresses that
they are already on track with their in-house manufacturing and have set
up the necessary resources to contribute to the Atma Nirbhar Bharat
initiative.
This has provided AVO with a distinct advantage, allowing the company
to effectively meet the needs of the government and banking sectors to a
significant extent, laments Mr. Rabindra Agarwal. A substantial amount
of background work is being carried out on the technical side, with
strong support from our management. I am personally optimistic about
AVO's increased market share in the 3/3 segment in the months and
years
ahead.
Demand for three-phase UPS systems has been on the rise, and this
trend is anticipated to continue due to the expansion of the
manufacturing, healthcare, data center, and other sectors. AVO has been
addressing its customers' three-phase requirements and aims to seize
this opportunity to enhance its presence and business in this area.
Promoting rooftop solar plants is a viable alternative that helps
preserve green cover and reduces forced migration. Generating power for
self-consumption through rooftop solar installations alleviates stress
on the grid and lowers power costs for consumers. As the cost of solar
systems decreases, the growth of solar rooftops paired with lithium
battery systems will become a significant growth area that benefits the
environment he adds.
As per Microtek International, the power backup industry, whether
it's home UPS, UPS for computers, or online UPS for critical
applications has seen steady and continuous growth. With the
government's push to provide power to every corner of India, the
demand
for electricity has also risen, increasing the need for more stable and
uninterrupted power. The growth following 2023-24 appears to be on an
upward trend, driven by the unusually warm summer this year, which has
led to more frequent power disruptions and, consequently, a higher
demand for power backup and protection products such as inverters,
online UPS, and line-interactive UPS systems.
Microtek has been manufacturing online UPS and line-interactive UPS
in its advanced, state-of-the-art facility in Baddi, Himachal Pradesh,
for several years. This aligns with the government's "Make in
India"
initiative, with the goal of capturing a significant market share.
Additionally, Microtek has expanded its product portfolio to include
high-demand 3-phase products.
The PM Surya Uday Scheme is expected to have a multiplier effect on
the sales of grid-tied inverters and DC solar panels. Microtek is
actively focusing on leveraging this scheme to maximize the growth of
its solar product line.
Softdisk's contribution to the power backup industry is unmatched
and
beyond words. Dr. Sai at Softdisk has consistently taken new initiatives
each year to promote companies and brands in this sector. Additionally,
Softdisk provides a valuable platform at its annual award function,
where top industry leaders come together to exchange ideas and insights.
Softdisk has been dedicated to the Indian UPS industry for over three
decades. While international reports often highlight multinational UPS
companies, Softdisk also emphasizes the recognition of Indian UPS firms.
The annual UPS Day organized by Softdisk is a highly anticipated event
within the Indian UPS community, as it brings together all Indian UPS
companies on a single platform to acknowledge their contributions to the
UPS market, exchange insights from industry leaders, and address
critical industry issues requiring attention and collaboration.
 According to Mr. Rajaram Ramamoorthy, MD Electronics & Controls Pvt,
Ltd,. Bangalore, India is a growing market and will continue for the
next decade. Economy is expected to keep growing and development will be
on all fronts – Manufacturing, Retail, IT, Healthcare, Education etc.
Government spending has increased through GEM, however, there are a lot
of challenges addressing the GEM market. Since UPS is an essential
product for real time businesses, the UPS market is expected to grow
consistently. However, challenges exist for the UPS players as the
manpower, raw material and other operating costs are shooting up and has
an impact on the profitability of the UPS companies, coupled with
intense price competition. With the barrier for entry low, there are
numerous UPS suppliers flooding the market with no or less knowledge of
the customer requirements and customers chasing the prices. It is
mandatory for UPS companies to tread carefully and ride the growth wave.
However he adds that customer acquisition is a continuous exercise. With
intense competition in the market, retention of customers is a challenge
as price forms the most important criteria and there is intense price
war. The Three phase UPS System market is growing and there is a good
market for those manufacturers producing quality UPS Systems with latest
specifications. E&C has been catering to this market requirement, and
currently working on coming out with cost effective models without
compromising quality and specifications, there by increasing its
presence and business in this area.
On the question of Suryodaya Yojna, he believes that every household
erecting solar panels to generate electricity and getting subsidy is
going to increase the demand for solar panels and solar inverters.
There will be intense competition and lot of new entrants in this
space. Customers should exercise due diligence in ensuring that they are
erecting quality solar power generating systems that are backed by good
service, otherwise the investment and the subsidy will become
unproductive, he laments.
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.
 According to Mr. Christo
George, MD of Hykon India Limited,Thrissur,
the growth is likely to be driven by the rising demand for clean and
sustainable energy solutions, supportive government policies, and
ongoing technological advancements in renewable energy. As India emerges
as one of the world's largest economies, there will be a significant
demand for online three-phase UPS systems in various industries. The
increasing prevalence of IoT-connected equipment makes industrial
machinery more sensitive, leading to a growing preference for
three-phase online UPS solutions that can support entire offices data
centers factories, thus eliminating the need for separate UPS units for
each piece of equipment.
To meet this demand, Hykon has set-up a new manufacturing facility
dedicated to producing higher capacity three-phase online UPS units
equipped with lithium battery packs, offering capacities of up to 500
KVA. The new Hykon plant has implemented a state-of-the-art.
bi-directional Solar UPS system equipped with lithium battery packs.
This innovative setup allows the entire factory to operate solely on
solar energy while simultaneously charging the batteries. Any surplus
energy generated during daylight hours is seamlessly integrated into the
grid. At night, the factory draws power from the stored energy in the
batteries, ensuring uninterrupted operations. This advanced solution is
referred to as the Battery Solar Energy System (BESS).
The Government of India has developed a comprehensive roadmap for
the
years ahead, that focuses on the widespread deployment of Battery Energy
Storage Systems (BESS) in both industrial sectors and energy
distribution companies. In alignment with this vision, Hykon is
establishing a BESS plant in their new factory to showcase this
pioneering technology. They envision a future where many industries and
institutions become self-sufficient energy producers.
Softdisk has served as a unifying force for well over three decades,
bringing all competitors together under one roof each year. The
incredible work they do deserves our utmost respect, and we commend Dr.
Sai & his team for consistently achieving this year after
year.
 According to Mr. S. Sabapathy MD, Micron Systems & Controls Pvt. Ltd.
Bangalore, the energy industry in India, whether it involves
conventional power or renewable sources like solar, wind, or biomass,
has been experiencing steady growth since COVID-19. The past year has
been positive, and this trend is expected to continue. He anticipates
that the industry could achieve double-digit growth, despite challenges
in component procurement, with growth rates projected between 10% and
11.0% for solar.
The "Make in India" initiative has been highly advantageous,
leading
to an expanded customer base nationwide. Additionally, the shift towards
green renewable energy has significantly enhanced their business
turnover.
In the upcoming financial year, the company is poised for substantial
growth in turnover, contributing to national development through job
creation and revenue generation. It is really good as all this
synchronizes with our 30th anniversary, he laments.
Softdisk is more than just a magazine, it serves as a business
partner for our power industry. The agency provides accurate data that
helps us redefine and develop our business strategies in the right
direction. As the saying goes, "Data and business go hand in
glove" and
good business relies on reliable data. We congratulate Softdisk on its
achievements for well over 3 decades. Just as our industry may faces
challenges, Softdisk remains steadfast and dependable. We wish them all
the best for the years ahead and hope they continue this exemplary work
for years to come.
 Mr.
Narayan Sabahahit, MD, Techser Power Solutions Pvt. Ltd. says
that India, with an estimated population of 1.44 billion in 2024,
is the most populous country in the world. This, combined with the
nation's economic ambition to become a developed nation, creates
significant potential demand for power generation, where demand far
exceeds supply. This scenario serves as a crucial growth factor for
Uninterruptible Power Supply (UPS) manufacturers. Industry forecasters
project growth at approximately 6.5%, which appears to be a pragmatic
estimate.
He believes that the 'Make in India' initiative, along with the
Production-Linked Incentive (PLI) support for deserving sectors, has
significantly boosted manufacturing. The increasing number of industries
has led to a substantial rise in demand for UPS systems, particularly
regenerative UPS units, which can achieve yearly growth rates exceeding
8.5%. As a manufacturer, we aim to capture a fair share of this growing
demand. agrees that there is significant demand for three-phase UPS
systems, which are gaining momentum. In this segment, modular UPS
solutions are becoming increasingly common across various sectors,
including BFSI and education.
To capitalize on the "Make in India" initiative, Techser Power
Solutions is expanding the capacity of its manufacturing units.
Regarding renewable energy alternatives to conventional UPS
systems,
he says Although India's solar energy capacity has increased thirty
fold
over the last nine years, reaching 87.2 GW as of July 2024, the target
for rooftop solar generation was not met by 2023. However, with the
launch of the PM Suryodaya Yojana, which aims to install rooftop solar
panels on 1 crore households across India, the overall rooftop solar
target now appears achievable.
Softdisk has evolved into a highly respected magazine, making
significant contributions to the power industry with its well-researched
articles and thought-provoking ideas.
 According to Mr. Sumanth Kumar, President of UMDA and MD of PNS
Systems Pvt. Ltd., any growth around 8% is a positive and welcome sign,
especially considering the global economic slowdown.
At PNS Systems, we prioritize manufacturing indigenous products and
encourage our clients to support "Make in India" initiatives.
While
challenges related to cost and competition from imported Chinese-made
UPS systems still exist, we promote Made in India UPS systems for the
inherent advantages they offer. One of the biggest advantages of Made in
India UPS systems is the quick turn-around time for service issues,
thanks to the easy and in-house availability of spare parts.
In contrast, Chinese-made UPS systems in India often face challenges
such as a lack of spare parts and high annual maintenance costs.
Customers are frequently advised to replace their existing UPS systems,
leading to significant capital expenditures. To address these issues, we
are actively working on upgrading our designs, particularly in the area
of magnetics, to reduce costs and size.
On the topic of rooftops and renewable energy, Mr. Sumant Kumar
believes that the coming decade will undoubtedly be dominated by
renewable energy. He emphasizes that maintaining a healthy environment
is a global necessity, and governments around the world are shifting
toward non-polluting, renewable energy sources. Solar rooftops are
increasingly being adopted in villages and rural areas, thanks in part
to state government subsidies aimed at promoting their use. The launch
of Suryodaya Yojana has certainly pepped up the reach of Solar to the
middle income group and the rural institutions.
Softdisk has been instrumental in bridging the gap between companies
and customers in the green energy sector, acting as a crucial connector
for the industry. To enhance its presence even further, it can continue
to create knowledge-sharing platforms and networking opportunities that
foster a cohesive community focused on pure green energy and big data.
 Mr. Swarup
Paul, MD of Better Power, believes that the industry will
experience an overall growth rate of around 10.00 percent, indicating a
positive trend. This year Better Power grew by 8.40% and expect to
improve on this in 2024-25 fiscal. To capitalize on this momentum,
Better Power is developing marketing campaigns that emphasize the
benefits of its UPS systems, particularly in terms of quality,
reliability, and localization. We plan to leverage both digital
marketing and traditional advertising channels to reach a broader
audience. By actively listening to customer feedback and continuously
improving our products and services based on their input, we demonstrate
our commitment to customer satisfaction and product excellence. In line
with market demands, Better Power Services has also begun production of
three-phase UPS systems that comply with the Make in India
initiative.
Additionally, Better Power Services is aligning with the growing
trends in green energy by investing in this sector. Increased
investments in renewable energy, whether through foreign direct
investment (FDI) or other means, can lead to the development of more
renewable energy projects, such as solar and wind farms. Better Power
Services is recognized as a key vendor for green energy in Northeast
India.
Softdisk stands out as the only source for Indian UPS industry
analysis. For greater visibility, an enhanced internet presence is
essential for Softdisk. It should position itself as an India-centric
UPS analysis resource alongside foreign research reports that typically
focus on multinational players.
 According to Mr. R.K.
Bansal, MD of Uniline Energy Systems has grown
by nearly 15 percent, we believe the over all industry growth to be
around 10% to 11% for FY 2024-25, it will be out with Softdisk coming
out with its survey. We anticipate a strong growth trajectory in the
energy systems sector, fueled by technological advancements and a
heightened focus on infrastructure development. Uniline Energy is
strategically positioned to capitalize on this growth by leveraging its
expertise in providing efficient power solutions. Our goal is to make a
significant contribution to the industry's expansion while upholding the
highest standards of quality and innovation.
The emphasis on three-phase online UPS systems and the "Atma
Nirbhar
Bharat" initiative is indeed promising. The 'Make in India'
initiative,
along with the Production-Linked Incentive (PLI) support for deserving
sectors, has significantly boosted manufacturing. The increasing number
of industries has led to a substantial rise in demand for UPS systems,
particularly regenerative UPS units. Uniline plans to further enhance
local manufacturing and broaden its customer base through customized
products. Building strong partnerships and a robust distribution network
is integral to our strategy, allowing us to connect with more customers
and provide tailored solutions, he laments.
Speaking on green energy and renewable sources are essential pillars
for a sustainable future. He says Uniline acknowledges the significance
of environmental responsibility and expects a substantial boost in sales
with the launch of PM Suryodaya Youjna. With over one crore rooftop
installations India is committed to eco-friendly solutions. Uniline
actively participate in projects related to solar power and other
sustainable technologies.
Softdisk plays a crucial role as a bridge between companies and
customers, fostering collaboration and knowledge sharing within the
industry. To further enhance this role, Softdisk could consider
organizing industry-specific forums and conferences that bring together
stakeholders from various sectors. This would create a platform for
meaningful discussions, idea exchange, and networking opportunities. By
acting as the cohesive force that binds the industry together, Softdisk
can significantly contribute to driving innovation, growth, and
cooperation.
 Mr. B
T Mallikarjuna, Managing Director of Gravity India, leads a
company specializing in power infrastructure and backup solutions with
over 25 years of extensive experience in delivering power backup
services and solutions. They provide a comprehensive range of offerings,
including power conditioning products, HVAC solutions, data center
solutions, audiovisual products, IoT solutions, UPS systems with
batteries, precision air conditioning units, surge protection devices
(SPDs), Fluke test and measurement tools, automatic transfer switches,
inverters, transformers, servo stabilizers, active filters, and
distribution panels.
In addition to these solutions, Gravity has developed a service team
equipped with the infrastructure and capabilities to support
installation and commissioning, warranty assistance, servicing of boards
in our dedicated anti-static lab, as well as providing professional and
managed services.
In the realm of professional services, Gravity provides power quality
audits, site studies for pre-implementation and post-implementation, and
electrical cabling and distribution for new facilities. For managed
services, we offer annual maintenance contracts (AMCs) for multi-brand
UPS systems, electrical maintenance services, and rental UPS systems.
Our team consists of trained engineers located across India, dedicated
to supporting a diverse range of customers. Additionally, they
manufacture Gravity-branded home UPS systems and online UPS systems at
their in-house facility. The company is also ready with Environment
Monitoring Solutions with the prototype of monitoring device already
ready. As regards their partnerships, the company been an elite business
partner of VERTIV (formerly EMERSON) for over 25 years and are also a
preferred partner of AMARARAJA batteries, he laments.
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 UPS started with it has survived in India.
 Mr. Aditya Khosla, CEO
of Nexus Power Systems, New Delhi, expressed
optimism regarding industry growth, anticipating a rate of 7-8% for the
financial year 2024-25. Currently, the company's focus is on three-
phase
UPS systems, with ongoing efforts to expand both the quantity and
capacity of their UPS offerings, along with other power conditioning
products.
Under the "Make in India" initiative, Nexus Power Systems
proudly
highlights its role as the sole Indian UPS manufacturer to have
installed systems at the Pradhanmantri Sangrahalaya, the Museum of Prime
Ministers of India, where the entire project is powered and backed by
Nexus UPS systems.
Mr. Khosla praised Softdisk for its longstanding efforts in providing
a platform for the power conditioning industry to come together and
discuss emerging trends. He expressed a desire to see more open
discussions among industry members in the future, fostering greater
collaboration and knowledge-sharing.
 Mr. K. M.
Krishnamurthy, MD of Powernet Solutions Pvt. Ltd.,
expressed was happy with the company's performance in the last
fiscal,
currently growing around 8.0% growth, well above the company’s previous
22-23 fiscal. Powernet Solutions specializes in manufacturing lift logic
boards and lift UPS systems, which have gained significant popularity in
the Southeast Asian market. The company serves as an OEM for several
well-known elevator brands, although they cannot disclose specific names
due to contractual obligations. Additionally, Powernet Solutions offers
a range of single-phase and three-phase online systems across various
categories.
Mr. Krishnamurthy says in UPS too, one has to find his own nish
within UPS spectrum and we have successfully done that. Our competitor
are not the top UPS companies but those who supply UPSs with Lit logic
boards, such companies are far and few.
He also commended Softdisk for its invaluable contributions to the
power electronics industry, noting that there is no parallel to its
efforts in India. He emphasized that no other magazine focuses on UPS
has been able to sustain itself in the Indian market like Softdisk.
 Mr. Y B
Suresh of Total Power Control Pvt. Ltd. believes that
the market is performing well due to overall economic growth, increased
government spending, and greater purchasing power across various social
segments. Nowadays, a significant number of industries are adopting
automation and advanced machinery, which necessitates three-phase power.
This shift has created a growing demand for three-phase UPS
systems.
For those involved in on-grid inverters, there has been a significant
boost in business, particularly for capacities ranging from 1 to 5 kW,
which are experiencing strong demand. PM Suryodaya Youjna will give
immense boost to those manufacturing such on-grid SPCU
manufacturers.
Softdisk is making a significant contribution to the industry by
consistently encouraging and supporting it at all times, he laments.
He also suggested Softdisk can Promote companies and enhance their
business on its online edition.
Mr. U B Shenoy, Director, Alpha is one of the is of the
opinion, that industry will grow by around 8% by March 2025. 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.
He lauded Softdisk for its tremendous efforts, to bring all the
industry under one roof and achieving this for well over 3
decades.
 According
to Mr. M R Rajesh, Managing Director of Powerone Micro
Systems Pvt. Ltd. Bangalore, the power electronics industry is evolving
into a key driver of industrial growth. challenge of competing with
global products and supplying them worldwide. We have already initiated
steps in this direction. As power electronics industry evolves with the
India growing into an top economies of the world. The new generation of
knowledge-based customers focused on harnessing power, this sector is
set to experience a significant trend of growth. India aims to establish
itself as a parallel force to China in manufacturing, which requires
significant investments in manufacturing facilities and factories within
the Indian UPS market. The potential for growth is immense, and as an
Indian manufacturer, 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. As an Indian company that has
successfully operated for the past three decades, Power One Microsystems
is committed to delivering Make in India products. We have implemented
strategies through a dedicated team of skilled technocrats to develop
new designs, customization, and value-added products that attract new
customers and foster expanded growth. Notably, we have already developed
high-capacity transformer-based IGBT charger UPS systems.
Renewable energy is a significant advantage for industries seeking
growth, and government subsidies to support this initiative are an added
benefit. We anticipate substantial growth opportunities, particularly
with government initiatives like the Suryodaya Yojana. In the coming
years, our focus will be primarily on the renewable energy sector, which
we expect to grow by 100% annually for Power One. 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. Success stories in industries are emerging from the degree
to which companies embrace the implementation of updated technologies in
their processes. SD’s contribution to sharing knowledge in this area
deserves all the praise.
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