The air pollution control equipment manufacturing industry has been projected to grow to $10.4 billion by 2025. The region of Asia Pacific is to remain the fastest as well as the largest market for this industry. Air pollution has inflicted a lot of damage to air quality and local habitation due to the interests of various industries. The air pollution control industry has come to the rescue to reduce pollution. However, the demand is for foolproof equipment as it involves the meticulous job of filtering pollutants and ensuring safety along with an affordable price range for the products.
Neoairtech India has been meeting this demand effectively. Srinath M R, Managing Director, Neoairtech, India, who comes with 3 decades of rich experience in a similar field, says, “The three main factors – infrastructure, technical competence & installation base has allowed our company to hold a firm position in the market. An important factor of our company is the technocrats behind it with a cumulative experience of seven to eight decades which these people bring to the company.
Our company also has a technical collaboration with one of the best air pollution control equipment companies in Germany, which allowed us to spearhead our efforts towards acquiring the latest technology in the air pollution control industry in order to ensure quality control and meet client expectations”.
Position in the Market
The industry has seen rapid growth in the last few decades owing to increasing pollution due to various human activities and increasing awareness to curb this pollution and mitigate its ill effects. Srinath adds, “The competition in the market has increased due to rising awareness among industries about air pollution. The equipment manufacturers have also received opportunities for collaboration, joint ventures, technical partnerships, 100 percent local
manufacturing setups, which has provided a major boost for all the players operating in the industry”.
Neoairtech was established in 2012 with a team of technocrats with similar field experience to propagate solutions in line with EU norm 'BAT – Best Available Technology' to cater to Indian industry with the latest technology from Germany limiting emission thus complying with the local governmental body. Srinath emphasizes, “Our company (Neoairtech) managed to reach the position of highest sales in the financial year 2019-2020 due to good intake of orders thus reinforcing customer faith in us as a single point solution provider. Our large consignment was supplied to Dhaka, Bangladesh to one of the largest Japanese tobacco manufacturing companies, which consisted of four filtration systems. Our first consignment to Saudi Arabia was to a rolling mill company where we supplied the filtration system having a capacity of 1 MW to treat fumes emanating from furnace”.
The three main factors – infrastructure, technical competence & installation base has allowed our company to hold a firm position in the market
Neoairtech had also rendered its services to industry majors like, Saint Gobain India, Mahindra & Mahindra, Ashok Leyland, AT India (Subsidiary of TOYOTA India) which, involved design, engineering, manufacturing, supplying and installing filtration systems while managing to exceed customer expectations with consistent after-sales support. Srinath highlights, “The manufacturing facility that has been set up near Bengaluru in collaboration with our German counterpart has enhanced focus on quality, operational excellence and process control by implementing a top-notch ERP based monitoring control systems in order to add value to the products & meticulous checking of products”.
Vision for the Future
Srinath concludes, “With sustained efforts of last decade, to become preferred/premier supplier to Indian/Asian industries in creating a cleaner and greener shopfloor thus ensuring a congenial working environment to the workers”.
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