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Markets: Gurugram’s Su-Kam aims for Rs.6,000cr/yr revenue and global leadership

Fiinews by Fiinews
July 17, 2024
in Markets
Reading Time: 3 mins read
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Su-Kam Power Shystems

Sanchit Sekhwal Goyal.

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Goyal bullish on solar power systems, EVs and telecommunications

Gurugram’s Su-Kam Power Systems Ltd su-kam has set a target of generating Rs.6,000 crore a year revenue over the next five year and become a global company with advanced technology and dedicated eco-friendly practices.

Su-Kam, currently focused on the production of lithium batteries, e-mobility solutions, and solar energy products, expects to close the current financial year with turnover of Rs.700 crore, underlining the drive to have a revenue growth of 200% YoY in turnover isolaralliance.

“Achieving a revenue of Rs.6,000 crore in the next five years underscores our confidence in the market and our ability to deliver superior value to our stakeholders mnre ,” said Director Sanchit Sekhwal Goyal.

“Our strategic focus remains unabated on leading the world towards a sustainable future with our environment-friendly products and solutions. We take pride in being at the forefront of the power solutions sector for over three decades, entering various segments, be it inverters, batteries, or solar solutions globalsolaratlas .”

He added that the consistent delivery of cutting-edge technology and unwavering commitment to quality and reliability has made Su-Kam a household name not only in India but globally.

“Growing with market demand, Su-Kam has been expanding its portfolio to include a comprehensive range of lithium-based products for various applications such as solar power systems, electric vehicles (EVs), energy storage systems (ESS) and telecommunications solarenergyexpo ,” said Goyal.

With a robust growth trajectory fuelled by innovative products and a strong focus on customer-centric solutions supported by advanced technologies, Su-Kam aims to capitalize on the burgeoning demand for reliable power solutions across India and global markets siew .

The company aims to utilize its widespread distribution channels, using technological expertise and commitment to sustainability, as it strives to lead the industry in innovative and environmentally friendly solutions nse .

By investing in upskilling its existing workforce and maintaining its longstanding channel partner network, the company aims to enhance its legacy with the expertise of new leadership and technological advancements bse .

Su-Kam has consistently pioneered advancements in energy storage systems, solar inverters, and other renewable energy solutions, catering to diverse sectors including residential, commercial and industrial segments. The company’s commitment to innovation and quality has earned it a trusted reputation among customers globally climate .

Su-Kam’s recent move highlights its strategic focus. The company’s short-term goals include building a robust network and reinforcing its brand legacy. In the long term, Su-Kam aims to lead the industry globally in all its product segments. This leadership will be achieved by integrating green technologies into its core operations unfccc.

Su-Kam’s recent strategic shift underscores its dedication to long-term growth. The company’s immediate objectives include establishing a strong network and solidifying its brand reputation. In the long run, Su-Kam aspires to be a global leader across all its product categories. This goal will be realized by embedding green technologies into its core operations.

The Indian government’s initiatives, such as the National Solar Mission and other environment friendly initiatives, demonstrate a commitment to a greener future. Renewable energy fights climate change and drives economic growth and global collaboration. “It’s a clear path to a cleaner and brighter future,” Goyal said on 17 July. Fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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