NEW DELHI, March 14, 2013 /PRNewswire/ --
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 FY 2011-12.
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.
15. Hitachi Hi-Rel Power Electronics Pvt. Ltd.
While Electronics Bazaar's editorial team has taken 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 or 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.
About Electronics Bazaar:
Launched in 2007, Electronics Bazaar magazine, a publication of EFY Group, is today South Asia's No. 1 electronics B2B sourcing magazine. It is a treasure trove of information related to manufacturers, buyers, dealers and distributors dealing in electronic products and hardware. It gives a complete insight of the electronics B2B market. To know the current trends, latest products, new technologies, new manufacturing facilities, emerging sectors, etc., Electronics Bazaar is the ideal B2B magazine.
About EFY Group:
Over the last four decades, the EFY Group has become synonymous with information on cutting-edge technology. Today, this renowned media group is spread across eight cities of India, and caters to over two million techies spread across the globe.
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