India is one of the fastest developing countries in the world owing to the robust changes taking place in the field of infrastructure, power generation, automation, production, distribution, and so on. India is the third-largest producer and second-largest consumer of electricity worldwide. Demand for electric power transmission and distribution equipment in India is forecast to rise 8.2 percent per year to $15.8 billion in 2023.
The major areas for T&D equipment requirements would be the Infrastructure, Renewable Energy & Industrial Sectors. Established in 2003, Vibha Corporation has emerged as one of the leading and old companies in this sector. The company is committed to delivering superior product design, highest quality, and excellent features at competitive prices services in the periphery of the transmission & equipment department.
Customers' expectation is not limited only to quality, cost, and delivery rather it goes beyond that and quality. Immediate Service support and faster response to any changes is the current requirement. “To meet these requirements we have a separate team of Service Engineers who are available throughout the day to respond to customer queries or any kind of support required at the site. The specific customer requirements are met by designing new products to meet the customer needs”, speaks Manohar V. Deshpande, CEO, Vibha Corporation.
The company offers a wide range of services related to different sectors like Railways, industrial purposes, renewable sources of energy, and so on. “We have a wide range of products such as 33kV Indoor VCB Panel, 11kV Outdoor VCB plus LBS Panel, 33kV VCB Out Door kiosk, LT-PCC-PANEL suitable for 690V 2000AMP, OD LT PANEL and many more. The MV Product range is from 3.6kV to 36kV Indoor/Outdoor Switchgear Panels for different requirements such as Motor Protection, Transformer Protection, Capacitor Switching, Arc Furnace application, and more. We have also Type Tested the LV Panels as per the latest IEC61439 standard at reputed lab such as CPRI”, avers Manohar V. Despande.
Vibha Corporation was incorporated in the year 2003 and started as a Tier-I supplier for all the major Switchgear manufacturing companies such as ABB, CGL, Schneider& Siemens. Due to the owner's extensive knowledge of designing and producing switchgear goods, the company received the honor of becoming an ABB Channel Partner for MV products in 2006, which marked the beginning of Vibha Corporation's journey as an OEM. Since 2003, the company has never gone back and over the years it has achieved the production targets and revenue targets as per the requirement.
Customers' expectation is not limited only to quality, cost and delivery rather it goes beyond that and quality
Within 04-05 years, the Company has penetrated the markets of MP, Chhattisgarh, Gujarat & Maharashtra owing to the excellent quality product and fast deliveries at competitive pricing. Vibha Corporation has been able to capture a major share of Renewable sector requirements, Industrial projects & government project orders and has been a major supplier for customers like Adani, GE, Inox, Senvion, Continuum, India Security Press, Currency Note Press, Kirloskar, SRF. In appreciation of its contribution to the industry as well as our country to help it emerge as a global power, the company has received various awards and accolades for working qualitatively.
Future Roadmap
Vibha Corporation wants to continue growing 15-20 percent YOY and reach a Top Line of Rs.50 Cr in the next five years by adding new products and services to the portfolio. To achieve this growth, more resources are regularly added, such as new factory space and more laborers for site servicing and installation tasks. In the future, Vibha Corporation may also look to list in the financial markets on the SME Index to add more financial resources for the growth of the company.
