The industrial enclosures market is expected to grow by $1.83 billion between 2020 and 2025, with a CAGR of 4.88 percent as a result of several factors, including the rising use of electrical and electronic equipment in manufacturing, the increased demand for industrial and home automation, the thriving startup scene in India, rapid urbanization, improved power infrastructure, and the demand for alternative energy processes. The Indian government's initiatives such as Make in India, Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS), Production Linked Incentive Scheme (PLI), and Electronic Manufacturing Clusters (EMC) have also contributed significantly to the industry's growth.
Established in 1992, by Technocrat first generation entrepreneur, Progressive Industries deals with the manufacturing of non-ferrous precision parts with a focus on exports to US businesses engaged in wireless communication, automation, and LED lighting. During the initial days, the firm was primarily into machine building and commissioning of production lines for OEMs. As a machine tool service company, we had specialised in overhauling high-precision grinding machines. The company diversified into manufacturing in 1998, becoming a component supplier to the wireless communication sector. With a history of over 25 years of enduring business relationships, the firm has evolved into a world-class supplier for US customers.
“Our objective is to consistently deliver high-quality products and services while satisfying customer expectations and pertinent legal and regulatory requirements.
We also focus on continuously monitoring product realization process for continual improvement and effectiveness through implementation", speaks Sarvesh Krishna Sunkara, CEO & Partner.
Progressive Industries provide service for product realization, raw mate¬rial development, machining, post-processing, surface coating, surface plating, painting, and printing & marking while ensuring customer quality assurance and financial viability. The firm also offers full-service parts, including electroplating for non-ferrous machined parts in gold, silver, nickel, and trialloy, PVD for gold, and powder coating and designing custom extrusions in aluminium and brass based on customer specifications. In the past ten years, the firm has manufactured more than 1000+ new parts based on customer designs & demand. "Customers want innovation, and we provide value engineering recommendations for their product designs to differentiate ourselves against competitors in a competitive market. We consistently communicate with customers across their sales, engineering, and marketing teams to understand their needs", says Karthikeyan, Business Development Manager.
The firm has a strong team of expert technocrats, engineers, technicians, and skilled workers with an average of 25+ years of experience in the manufacturing sector, who are focused on delivering top-notch goods and services while ensuring sustained growth over time. Due to the availability of abrasive grinding tools, an automatic cut-to-length saw, drilling and tapping stations, a hydropneumatic press, digital measurement tools with analog and digital microscopes for inspection, screen-printing capabilities, and more, the company's machine shop is well-organized and modern. “We distinguish out in the market for our excellent product knowledge, competitive pricing, and creative marketing techniques", adds Karthikeyan, Business Development Manager. The firm received star performers recognition from the Engineering Export Promotion Council (EEPC) for the years 2004, 2013, 2015, and 2016 and a customer award for business excellence.
Customers want innovation, & we provide value engineering recommendations for their product designs to differentiate ourselves against competitors in a competitive market
With the rapid technological advancements and digitalization, the future in the field of enclosure manufacturing supporting wireless communication OEM industries appears to be bright. “We have planned our capital expenditures for the next three years to grow our business in the areas of aerospace and defense, machine building components, and to explore opportunities for collaborations and joint ventures with overseas established businesses", signs off Sarvesh Krishna Sunkara, CEO & Partner.