Socomec rolls out First India-made UPS
2014-02-28The Chennai-based Socomec Innovative Power Solutions has rolled out its first UPS product Delphys MP Elite from the Gurgaon plant. Socomec invested €3.75 million in India so far and has set ambitious growth plans for upcoming years. It has a strategy to target markets such as industry, building, critical building, infrastructure, renewable energy and OEM, through which it plans to generate Rs.400-crore revenue by Y2016.
Speaking at the Press conference, Olivier TREMOUILLE, Managing Director, Socomec Innovative Power Solutions Pvt. Ltd., said, "We believe India is a very important and strategic market with growing trends for the future and we count on it to increase our market share in the next coming years. We have followed with great attention the developments in the critical power business in India. There is a growing demand in the industrial sector and it requires more technologically advanced products and dedicated service. Delphys MP Elite is already an industrial proven product. In order to meet the market requirement we planned to produce it locally. This is a very initial step and we will consider the feasibilities to produce other products in India."
With the industry segment being a prime focus, the brand has taken an initial step towards the goal, and started producing its existing UPS product Delphys MP Elite, which is well-known for industrial applications in its 5,200-square metre plant in Gurgaon, India. The facility has the capacity to produce 500 units annually. Currently, the factory is producing energy-efficient, power control and safety equipment.
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