According to a forecast by RBSA Advisors, India's electric vehicle (EV) industry is expected to grow at a 90 percent CAGR this decade, reaching $150 billion by 2030. In the days ahead, federal subsidies favoring deeper discounts for Indian-made electric vehicles matched with PLI schemes to escalate the manufacturing of electric vehicles will boost the EV market of India.
However, there are some challenges like high charging time, working & efficiency of chargers in running range of cars, less charging points, etc. in front of the automotive sector. But with the advancing pace of technology development, EV will have an exceptional acceptance rate in the coming years.
Filatech Enterprise Pvt Ltd stands apart in the EV charging industry with comprehensive in-house R&D and manufacturing capabilities. With the valuable assistance of its robust R&D team, the company has already released a stable, compatible, and durable charging solution for E-bike, E-Rickshaw, E-Loaders, & Battery management systems all of which are dedicatedly customizable as per the customer demands. Furthermore, the in-house quality testing team and the service team of Filatech are helping it to
deliver an assured and certified product with total customer support.
Navin Goyal, Director, Filatech Enterprise, mentions, “Filatech has vast experience of trading as well as manufacturing and is into International Business from almost last two decades. This experience has given Filatech a high exposure and excellent understanding of the trade; resulting in maintaining close relations with its suppliers, customers, and competitors and hence maintaining a leadership position in the industry".
Innovation With Quality Assurance
Being a key supplier of EV charging solutions, Filatech has built a unique work methodology to ensure that all the products developed by the company exceed the existing benchmark & are competitive in every aspect. Starting from the procurement of the verified quality materials, the company has a specific team of researchers to establish a consistent self-owned design for both software and hardware of the EV Chargers.
Additionally, Filatech has developed a state-in-the-art infrastructure that is dedicated to manufacturing EV chargers. “There are separate premises for manufacturing and trading businesses at appropriate locations along with proper warehouses with proper material handling equipment”, states Navin.
Filatech EV Chargers go through rigorous test standards that are set by the in-house Quality check team before they are given clearance for the market. Moreover, the company also has a separate team to look after services and commissioning support for making sure that the customers face no delay in receiving services or any kind of assistance.
“Filatech represents Delta Electronics Pvt. Ltd. for their Electric Passenger Car, Bus, and Truck chargers alongwith Solar Inverters, Energy Storage Systems, and UPS Solutions as their Authorized channel partners. We are also representing Saatvik Green Energy for their Solar Modules and work effortlessly to focus on the business of renewable and environment-friendly products,” mentions Navin.
The Future Way
Starting with a two-member team from Navin's Garage, Filatech has witnessed outstanding growth till now. Currently, the company has a dynamic team of close to 100 associates and is trading in multiple countries. As far as competency is concerned, the company has been successful in capitalizing on the right opportunities for taking decisions on procurement and sales which has played a major role in its growth and where it stands today. Going ahead Filatech wants to contribute to the industry by expanding in the products that will have their significance in the Renewable and Recycling Sectors.