Indian Market scenario- The India electrical testing services market was valued at USD 162.0 Mn in 2018 and is expected to grow at a CAGR of 4.4% between 2019 and 2027.The India electrical testing services market is estimated to reach USD 241.8 million by 2027.The Indian electronic systems design and manufacturing (ESDM) sector has witnessed steady growth in recent years, with the focus shifting from pure play system or product design to include other areas such as product development, original design manufacturing (ODM), etc. Therefore, immense business opportunities are brewing in the Indian T&M industry.
Headquartered in Bengaluru, with regional presence in 11 locations across India, Taurus Powertronics is uniquely positioned with its innovative products and services offerings in T&D industry. Established in 1991, Taurus Powertronics has made a reputation in the EHV and UHV segment of power transmission, offering a wide range of products and services for all levels of Transmission, Generation and Distribution system.
The demand from customers to address complex process issues is forcing T&M companies to innovate continuously. Herein, Taurus is one of the
pioneers of in-house R&D. More so, multi-functional solutions for testing are the latest trend in maintenance departments, such as LIDOR. For both testing managers and engineers, the challenge is to ensure quality and do it in time with dwindling manpower. Taurus also offers testing and measuring services, with not only current issues but solutions for predictive maintenance. While the current focus on customized test equipment is driving the overall market, Taurus has introduced a plethora of equipment, such as a dedicated DC monitoring system for the substations which can be customized to as many feeders as required.
Taurus Powertronics caters to the market in four broad offerings – Manufactured products, Alliance products, Joint Venture products, and Testing services& Data Analytics.
Factors that Distinguish
Majority of Taurus’ products adhere to ‘Make in India’, as compared to 100% imported or major components imported and assembled in India. “Our long commitment to R&D has put Taurus in a position, to be able to boastit’s unique & indigenously produced patented products, which are sought internationally”, says M N Ravinarayan, Managing Director, Taurus Powertronics.
Its MAX range of products, manufacturing and R&D in India, and all India presence on the ground, with offices in all four regions are some of the attributes that keep Taurus ahead of its curve. Taurus also has a massive deployment of hands-on engineers within hours of deployment range of all out equipment. More so, the firm not only manufactures products, but also provides testing and measuring services; this includes substation Testing services or line Testing services encompassing manual patrolling, Drone or Aerial.
During the Monsoon of 2019, Northern region of Karnataka experienced heavy rainfall and floods. . The Power utilities Like Powergrid, KPTCL and DISCOM’s had faced critical forced blackouts at some major industrial and rural feeders. Since Powergrid was using Taurus’ offline method, they were able to identify the severe faults on overhead powerlines of 400kV level, thereby immediately organising ERS at those locations. DISCOM too deployed Taurus’ offline Test tool from KPTCL for identifying the multiple Faults on 33kV lines, which in turn helped finding fault points within 15 minutes by using advanced signature analysis tool.
Taurus is a global entity for its innovative and quality products. In the near future, the firm is looking to become a major international manufacturer and supplier to all the nations of the world. This year itself, Taurus plans to enter 100 new countries. The potential of India in the testing and measuring industry, is looking bright and Taurus is aspiring and is on its way to becoming a Billion dollar company.