Home Retail UPS major Socomec eyes Rs 2 bn turnover by 2011

    UPS major Socomec eyes Rs 2 bn turnover by 2011

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    The Chennai-based , a wholly owned subsidiary of French UPS major Socomec, has launched a wide range of UPS products for the Indian market. Further, the company has entered into a distribution deal with end-to-end supply chain management solutions provider Redington India to strengthen its India operation, according to a company press release.

    , MD, Socomec UPS India, said, “We have launched the new range of UPS products in India to address the needs of secure power supply with high efficiency and green electrical energy for the industrial and services sectors.”

    “We want to be among the top three UPS companies in India and expect to increase company’s yearly turnover to Rs 2 billion by 2011. Our partnership with Redington will help us reach across India, especially in tier I, II and III cities,” added Jacobsen.

    Currently, the company operates 14 offices and customer service centres in cities including Chennai, Bengaluru, Mumbai, Delhi, Hyderabad, Coimbatore, Pune, Kolkata, Madurai, Cochin, Chandigarh, Indore, Ahmedabad and Aurangabad and claimes 11 per cent market share in the Indian UPS market, added the release.

    — IndiaRetailing Bureau