UPS and inverter manufacturing is gaining momentum in India. A Frost & Sullivan report indicates that the Indian UPS market will grow at the rate of 13.4 per cent annually to reach a market size of US$ 1316.5 million by 2014. Hence, the future of the UPS and inverter players seems promising over the next five years, as the products would find applications in varied industries ranging from IT, ITeS and manufacturing, to hospitality, medical establishments, retail and a host of others.
Electronics Bazaar, South Asia’s No. 1 electronics B2B sourcing magazine, attempts to bring out a clear picture of the growth witnessed by the UPS and inverter manufacturers in FY 2011-12, and ranks the ‘Top 15 UPS & inverter manufacturers in India’ based on their revenues for the same FY.
The top spot in the list has been grabbed by Luminous Power Technologies Pvt Ltd, whose annual revenue for the year 2011-12 is Rs 10,700 million. The second position has been bagged by Genus Power Infrastructure Ltd, with the revenue of Rs 7172.9 million, followed by Su-Kam Power Systems Ltd with the revenue of Rs 6940 million.
The list of top 15 players in the industry includes:
1. Luminous Power Technologies Pvt Ltd
2. Genus Power Infrastructures Ltd
3. Su-Kam Power Systems Ltd
4. Numeric Power Systems Ltd (Swelect Energy Systems)
5. Microtek International Pvt Ltd
6. Delta Power Solutions India Pvt Ltd
7. Consul Consolidated P Ltd
8. Best Power Equipments (I) Pvt Ltd
9. Uniline Energy Systems Pvt Ltd
10. Tritronics India Pvt Ltd
11. Techser Power Solutions Pvt Ltd
12. Truepower International Ltd
13. Epoch Electronica Ltd
14. upsINVERTER.com
15. Hitachi Hi-Rel Power Electronics Pvt Ltd
While Electronics Bazaar’s editorial team has taken the utmost care to contact all possible sources to make the list comprehensive, we may have inadvertently left out a few companies from this list. Information contained in the following report has been obtained from sources deemed reliable, and Electronics Bazaar makes no claims with respect to its accuracy. Neither Electronics Bazaar nor its affiliates, officers, directors, employees, owners, representatives nor any of its data or content providers shall be liable for any errors or for any actions taken by any entity on the basis of this information.
For the full report, read Electronics Bazaar April 2013 issue.
