We are making inroads into newer segments
Over the past one year, do you see a revival in the genset market reflecting the perceived pick-up in infrastructure activities? For us at Cooper, we find growing opportunity in the genset market, marked by improved economic sentiment and infrastructure impetus. The “Make in India standpoint is also holding us in good stead as our products were designed for global standards and built with highest levels of quality and materials. We are making inroads into newer segments and our market share is growing.
Our products are world class and hence new markets of Europe, South America and Asia pacific are opening up. The products are well received and performance is very encouraging. With diesel prices eventually coming out of the subsidy fold what impact do you see on the diesel-based genset industry? Can genset technology do its bit in offsetting the higher cost of generation? Diesel will continue to be the fuel of choice for power drives, both for power generation applications and bulk transportation. Globally oil prices are at their lowest currently and appear to stay this way for the near future. Diesel engine technologies are developing rapidly both in terms of lower emissions, cleaner burning and power output efficiency. We at Cooper have already invested in the appropriate technology, design and infrastructure to develop, manufacture and market these engines. We have a range of new engines soon to be launched which will be path breaking and revolutionary. What is your view on the role of solar power in the power backup industry? It is the government’s mandate to develop solar power generation of 20,000 mw by 2022. Solar power has an important role to play for us as we move towards becoming one of the world’s leading economies. We at Cooper are working closely with several aggregators and integrators providing a hybrid power solution of DG supply and solar power. It has been a year and a half since the CPCB-II norms have been officially in force. What is your view on their compliance? The Cooper range of products was designed in 2010 to meet these CPCB II norms