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Socomec Rolls out First India-made UPS, Targets Rs 400 Crore Revenue

The Chennai-based Socomec Innovative Power Solutions, 100% wholly owned subsidiary of the France-based €443 million Socomec Group, rolled out its first UPS product Delphys MP Elite from the Gurgaon plant.

Delphys MP Elite 80 - 200 kVA UPS
Delphys MP Elite 80 - 200 kVA UPS
CHENNAI, India - Feb. 27, 2014 - PRLog -- 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.

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 5200 square meter plant in Gurgaon, India. The facility has the capacity to produce 500 units annually. Currently, the factory is producing energy efficiency, power control and safety equipment.

According to a Frost and Sullivan research report, manufacturing, telecommunication, IT and ITES contribute 34% of the total UPS market revenue. Delphys MP Elite caters to these markets and ensures high quality energy and power protection to critical applications. The product range starts from 80 to 200 kVA and the facility is capable of producing all the ranges. The key features of Delphys MP Elite includes neutral-free IGBT rectifier with sinusoidal absorption, transformer base UPS, several new UPS architecture, high output performances etc.

Socomec has total control of the design, manufacture and marketing of its products. It has a strong workforce of 3,200 employees spread over 25 subsidiaries around the world, including 321 employees in India. In India, its offices are spread in 16 locations, serving the length and breadth of the country. Socomec is networked by 46 business partners, 50 active value added resellers and many channel partners and associates across geographies which promote their products and services. Other than Delphys MP Elite, Socomec has many technologically advanced UPS products ranging from 600 VA to 5400 kVA. Socomec UPS has recently been recognized with a prestigious European Frost & Sullivan award - "Product Differentiation Excellence 2013", and has been praised for delivering "unparalleled quality, innovation and customization" through its use of cutting-edge technology to meet market needs.

Mr. 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 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".

The Socomec Group in brief:

An independent, family-owned company founded in 1922.
A manufacturer providing expert solutions for LV electrical networks: power control and safety, critical power, energy efficiency and solar power.
3,200 employees spread over 25 subsidiaries around the world. Socomec has total control of the design, manufacture and marketing of its products.
Nine production sites (4 in France, 1 in Italy, 1 in Tunisia, 1 in India, 2 in China) integrate the company's core technological know-how and ensure the quality of its products whilst respecting customer requirements in terms of delivery times.
In 2012, the Socomec Group posted a turnover of €443 million.

For more details, visit www.socomec.co.in (http://www.socomec.co.in/)

Primary Media Contact : Chithra Devi, chithra.devi@socomec.com (mailto:chithra.devi@socomec.com), 91-9790968731

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Ashish Jha

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Source:Socomec Innovative Power Solutions
Location:Chennai - Tamil Nadu - India
Industry:Electronics, Energy
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