The Global Earthing Equipment Market is expected to reach $7,140.2 million by 2025 at a CAGR of 5.8 percent. The industry is anticipated to grow at the healthy CAGR during the forecast period, owing to increase in industrialization across the region for business. Warehouses and manufacturing plants are also rising with increase in business expansion across the globe.
The industrial end user is expected to acquire enormous Market size and market share to support the growing earthing equipment market trends. This has thus led to the exponential growth in demand for earthing equipment therefore boosting the growth of companies catering to this sector.
An example of one such company is Haryana-based VSP Enterprises. Over the years, VSP has carved a niche for itself in the industry and contributed significantly to emerge as one of the leading manufacturers of Telecom/Transmission Line Towers. The company with its excellence manufactures a wide spectrum of products comprising of Telecom Transmission Line Towers, Substation Structures, Earthling Material, Cable Trays, Tubular Structures, and other allied light steel structures.
“Founded in the year 2004 we have grown immensely in size and volumes. Quality has been our forte and that has always enabled us to meet the highest expectations of our customers and had us to foray into overseas market”, says Palaram, Managing Director, VSP Enterprises.
VSP Enterprises is an ISO: 9001 company certified by TUV NORD with state-of-the-art plant. The firm’s infrastructure is spread over a whopping 20 Acres of land fully loaded with equipped R&D department, modern advanced machineries like CNC machines, six fabrication shops, three galvanizing plants, overhead cranes, and hydras for safe and easy movement to produce an annual capacity of 62000 mt. with highest safety standards. This has been deployed in the plant by the company to ensure safety of the employees. “We have been the preferred choice for Various Utilities, Industrial and Export Houses both in Indian & Global Markets in Power and Telecom Sector”, says Palaram.
VSP manufactures quality range of earthing material such as pipe type, rod type earth electrodes, G.I/M.S./Copper type earthing strips, Earthing spike, Test link and more. The material manufactured are available in different sizes and supplied as per the needs of the clients. “We take care of all earthing parameters like electrical and thermal conductivity”, adds Palaram. The company also offers a variety of GI Earthing strips that are well appreciated for its high tensile strength, corrosion free and durable finishes.
Over the years, the company has catered to industry leaders such as NTPC, ISGES, NPCIL, PGCIL, Airtel, TATA, Idea, Viom Networks, ISGEC and many more
Some other earthing materials that the company manufactures include Earthing plate, GI wires, earthing pits, Boiler templates, earthing flats, threaded rods, and more. Over the years, the company has catered to industry leaders such as NTPC, PGCIL, NPCIL, HVPNL, PSPCL, UPPTCL, Airtel, TATA, Idea, Viom Networks, ISGEC and many more. VSP's earthing materials have great demand due to its high durability and reliability.
“It’s our mission to build a dynamic environment that leads to great work and longstanding relationships with our clients, team and partners. We love to learn with our clients, help them break through internal barriers and at the end of the day, exceed their expectations for what a client/agency partnership can be”, concludes Palaram.