India's UPS and Inverter market is witnessing robust growth, driven by an increasing frequency of power outages and a rising demand for dependable backup power solutions. The market for inverters is valued at $4.5 billion, while the battery market stands at approximately $2.5 billion, both projected to experience a remarkable compounded annual growth rate (CAGR) of 15 percent by 2027. This impressive growth potential presents an opportunity for further industry expansion, despite fierce competition among various manufacturers offering diverse products to cater to the varying needs of consumers. Notably, Indian brands like KALORIE have emerged as reliable players in this thriving market, embracing the Make-in-India initiative and gaining recognition for product excellence. In this dynamic industry, customers often need help with significant challenges, primarily concerning the affordability of inverters and batteries, coupled with inadequate after-sales service, especially in semi-urban and rural areas. Many manufacturers source power systems from external suppliers, increasing customer costs.
Vinod Kumar
MD, ARVI Systems & Controls
A company engaged in the manufacture, export and supply of UPS and other power management solutions, ensuring highly reliable and quality products; always keeping in pace with the advanced technology incorporated
Manish Verma
Director, Enventa Power
The firm offers power conditioning solutions that cater to a wide range of application areas s in various sectors including computer rooms, data centers, manufacturing industries including those in automotive, plastic and metallurgy industry
Nilesh Sancheti
Founder & Director, Namrata Power Solutions
The company providing a wide range of the highest quality, classleading UPS, inverters & batteries needed for power backup solutions, ensuring highest levels of efficiency, availability, scalability and flexibility
Satpal Singh
CEO, Numeric UPS
A prominent player in India's UPS industry, providing a diverse array of UPS solutions spanning from 600 VA to 21MW with over 30 years of experience
Sruti Ranjan Pattnaik
Managing Director, Positrix Power
The industry offering a comprehensive range of battery & power products with a strong commitment to customer support, and also offers all ranges of inverters, converters, ultra isolation transformers for all applications, domestic stabilizers
Rajesh M
Director, Power-One
The company with an aim to provide a wide range of green energy power products & services that will enable our daily life to become more environment friendly
Rajesh Piralkar
Founder & CMD, Renutron
The firm providing long lasting, field proven and customized power solution for automations in real estate, banks, Industry, medical and educational institutions
Rabindra Agarwal
Managing Director, Switching AVO Electro
The firm manufactures a wide range of power solution products conforming to international standards, across all sectors from banks, corporates, healthcare, hotels, education, railways, defense and many more
Amod Joshi
CEO, Unitech Power Systems
A pioneering firm manufacturing an extensive array of home UPS, online UPS, constant voltage transformer and electronic water conditioner, known for their excellent performance and easy operation
Jeyalakshmi Venkatanarayanan
Founder, Universe Power Systems
A power solutions company dedicated to providing quality power to customers in various segments like IT, healthcare, government, finance, education and research