Hager Electro Private Ltd, the Indian subsidiary of leading French electrical distribution conglomerate, Hager group, is all set to strengthen its foothold in the Indian market. The company has set an ambitious, yet realistic target of breaching the Rs. 300 Crore mark by 2015.
Hager India is betting big on the future, riding on a buoyant real-estate sector and a growing emphasis on energy efficiency and safety issues. The Indian Developers are looking to provide a unique value-add to their customers in the form of latest home automation technology. Customers today are looking out for homes that provide a secure living environment and switches and systems from Hager have solutions to these with enhanced security & energy efficiency.
Innovation being the key growth driver at Hager, the Company has launched solutions and products in the energy distribution and building automation domains. The product portfolio has been beefed up with state-of-the-art offerings like H3 MCCBs, Over Voltage releases, Photovoltaic Protection solutions and much more in the pipeline. The company supports initiatives that promote safe and eco-efficient electrical installations in commercial, residential and industrial buildings. As a responsible energy solutions provider in the techno-electrical space, the Company would like to take the sustainable route focusing on the community and the environment.
Hager, in the pursuit of achieving double digit growth has consistently clocked a growth rate of 14% in the past five years and is looking at taking a big step in achieving a target growth rate of 40%, by the end of this year. Gujarat would continue to play a vital role for the Company if it has to achieve this enhanced growth rate. Apart from appointing more than 250 channel partners, Hager has also set up 10 Service Centers across the country specifically targeting the metros and tier-II towns and cities, further making a commitment to after-sales service.
Source : Pandurang Patil