Targets Rs 100 crore tunover by 2008
Best Power Equipments (India) Pvt Ltd (BPE) has tied up with Taiwan-based UIS
Abler Electronics Co Ltd to import and market a complete range of online UPS in
the Indian market. The company that came into existence with importing and
marketing UPS systems under its brand BPE - in 2000-is gunning for a
turnover of Rs 100 crore by 2008. "Of this Rs 40 crore will be from small
UPS and Rs 20 crore from online UPS," said Ajay Agarwal, CEO, BPE. He
elaborated that the rest will come in from LCD monitors — a product that has
been recently added to the portfolio. "We have received the first
consignment of 250 pieces in January," he added.
Beginning with a turnover of Rs 1 crore the company experie-nced 100 per cent
year-on-year growth until its fourth year of operation when it recorded a growth
of 300 percent. Its turn-over from Indian operations in FY 2004 stood at Rs 16
crore. Agarwal said that aggressive pri-cing coupled with good quality has led
to their good growth and with each year they are getting stronger in the
segment.
With a manufacturing facility in China in Guangdong Province BPE has at its
disposal 40,000 units of UPS every month. Agarwal informed that India market
consumes 15,000 units and the rest is exported to OEMs based out of Turkey and
Middle East. "In India, the product is taken to the market in association
with the four OEMs and about 26 distributors spread across India," he said.
The company reaches out to 300 dealers in India. "We reach out to all of
India except MP, Rajasthan and Gujarat where we will be appointing dealers
soon," added Agarwal.
BPE is currently working on adding speaker range to its product portfolio.
DQW News Bureau
New Delhi