Power backup systems market is expected to register a CAGR of more than 3.5 percent during the forecast period of 2022-2027. The adversity of power outages is raising the worldwide demand for standby power sources. In growing economies like India, both the commercial and the industrial sectors are rapidly opting for backup power solutions due to interrupted power supply to continue their business operations in the hours of power cut and this factor is helping the power backup industry gain its momentum in the Indian market.
However, the aftersales service for power backup systems in India is generally expensive, compelling the consumers to go for disposable solutions resulting in increasing e-waste. Moreover, the lack of OEMs in this space also makes the power equipment providers heavily rely on imports. This is where Altech, a native power tool company, came into being to provide comprehensive backup power solutions by exploring latest technologies along with cost-effective aftersales services.
Altech leverages its power of innovation in consistently upgrading the power solutions and the services it offers. They specialize in the manufacture of a wide range of power backup and power conditioning equipment. Altech mainly focuses on the simplifying the functions of their standby power equipment in order to make it user-friendly. They ventured into this space in 2013 with servicing solution and gradually started manufacturing their own line of products. Altech envisions bringing in compact backup power systems that are efficient, durable, feasible and cost-effective at the same time.
Products Innovation
The transition of Altech from into a homegrown manufacturing company involved efforts to understand the consumer requirements as well as analysing the the aspects delimiting the engineers’ width of innovation such as lack of R&D activities. Therefore, they incorporated latest technologies in their products and made them smart and user-friendly. Their wide-ranging product-line comprises Online UPS, Servo Stabilizer, Isolation & Ultra Isolation Transformer, Battery charger, CVT - Constant Voltage Transformer, Voltage Converter . Altech’s power backup solutions come with display screens that show messages indicating fault in the system. They have designed their servicing support in a way that the engineers are able to track the exact time of occurrence of a problem and therefore suggest the required solution for it.
Bishan Singh, Founder of Altech adds, “We always try to stay ahead in the market in terms of introducing new technology and delivering modernized solutions. Recently we built a system that enables us to detect faults in Servo Stabilizers and the online UPS through Wi-Fi technology. With this facility, we can identify the technical glitches through Wi-Fi network and even control the systems of our clients in remote locations. We configured all our products in such a way that they barely need servicing support”.
Looking Ahead
Altech has marked its distinct presence in the industry through vast experience of 10 years and long-lasting relationship with its customers. Now their goal is to expand all over the country and create fruitful business associations. “We are planning to increase our footprint in every nook and corner of our country in the next five years. We are also looking forward to get associated with efficient engineers, service partners and dealers in order to develop more technologically advanced power system applications and emerge as a leading indigenous manufacturer in the global market", Bishan concludes.
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