The Indian government is putting a lot of emphasis on infrastructure development and capital spending on infrastructure projects all around the country. The construction industry is expanding and is predicted to rise at a rate of 7 percent to 8 percent CAGR. Though capital expenditures are coming aplenty for infrastructure development but with the increase in the number of developers / players, more & more projects are being offered at highly competitive rates with stressed margins. Thus, the new equipment are opted for, only where capacity addition is required.
Else, the focus is on 'Repair & Use' the existing assets and minimize the need for equipment replacement. Now the equipment owners are faced with the challenge of high cost of availing the OE services. So, they need OE standard repairs but at a fraction of the cost and with very low turn around times. This is the main focus area where Protean is concentrating its efforts.
Protean aims to be the leader and an independent resource for Quality Servicing, Parts, Testing, and Calibration of Hydraulic - Pumps, Motors, Cylinders and Assemblies in India. Every hydraulic pump and hydraulic motor in your equipment
serves as its heart, and Protean strives to keep that heart beating by delivering the best possible life cycles at reasonable rates and very short turnaround times. Protean also provides OEM grade replacement parts for hydraulic pumps, motors, Linear actuators like cylinders, jacks and various hydraulic assemblies, mostly for Construction, Mining and Locomotive Equipment such as Excavators, Compactors, Loaders, Dozers, Graders, Concrete Boom Placers, Tamping Units and Concrete Pumps, among other things.
The main expectation and value sought by all their customers is, Methodical analysis, OE Quality Parts, Testing after repair and repair Warranties, extending almost upto 12 months in few cases. Protean's process is straight forward. Essentially, the company adheres to OE repair Manuals and processes; they understand the value of equipment downtime and will not go for short fixes but rather adhere to the laid out criteria, as is being done for several large customers. The repair systems established are adhered to the letter, and appropriate warranties are given.
Protean firmly believes that a repaired Hydraulic part or assembly should be as good as new and should work equally well
Protean specializes in hydraulics and provision of hydraulic components, they have a very mature global supply chain network and connections. As a result, they use OE parts to which they have direct access worldwide The major factors that distinguish Protean are that in the company no repaired part goes without testing, which is how the company offers an assured warranty on repairs. Once they complete the repairs or overhauling, they test the performance to OE specifications. Protean firmly believes that a repaired Hydraulic part or assembly should be as good as new and should work equally well.
Protean works for several verticals of L&T in North, West and Central India, as well as for other majors like Tata Projects, Afcons to name a few.
As per Aditya Sharma CEO at Protean (An IIM Lucknow Alumnus), the key word at the company is ‘Reliability’ and the key phrase is ‘Building Trust in Repairs’.
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