Page 47 - Construction_Opportunities_December_2024
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COVER STORY
       Give us an overview of the components industry, market   Importance of Aftermarket Services.
       scenario and latest trends                          OEMs are now definitely more demanding and involved in the
       The  component  industry  is  at  a  critical  crossroads  as   technology requirement on their equipment. Initial cost is still  INTERACTION
       construction equipment (CE) machines undergo a significant   looked at but there is increasing importance given to TCO and
       technological transformation. Being part of the electronics   long-term support. The end user also wants more tech in their
       sector, we are experiencing one of the most substantial   product plus ergonomic cabins with increased reliability that
       changes, particularly as equipment transition from Tier 4 to   ensures low or no down time on site.
       Tier 5 emission standards. Additionally, end customers are
       increasingly demanding enhanced technology regarding   Do you practice ‘Make in India and Sell Globally,’ use your
       safety and user interfaces in the equipment, which is exactly   India manufacturing base to supply to the global market.
       what we deliver to the original equipment manufacturers   Very much. In 2019 we setup a Integration & manufacturing
       (OEMs).                                             facility in India which works closely with our OEM customers
                                                           in India and ASEAN region. We are also evaluating an
       Details us about your product offerings their types and   engineering center in India which would work with our global
       applications. What distinguishes your products from   teams on new products and technologies.
       competitors.
       We at Enovation Controls are a leading manufacturer of   Give us a brief view of your manufacturing facilities – their
       Displays, Controllers and Integrated Machine Control Systems   locations, product line, capacities and investments planned
       for Mining, Construction, Material Handling and Military   Our India facility is location in Pune and has 3 product lines.
       Equipment. We are an OEM focused company who have   This is also an integration facility which has Application
       a strong understanding of equipment and an experienced   Engineers, and system designers who work with OEMs to cater
       Application Engineering team in India who works with our   to their needs. We also offer solutions like Control panels, Proto
       customers to make solutions work. On the hardware side, we   wiring harnesses and complete Electro-hydraulic machine
       have the biggest range of displays in the market that are   control solutions.
       among the toughest in the market.
                                                           Your assessment of India’s manufacturing policy, to what
       Cutting edge technologies and the salient features of your   extent does it foster growth of your company.
       products and details of the benefits accrued to your end   The respected government has over the past few years taken
       user from the digital technologies in your machine.  a lot of steps to promote Electronics manufacturing in India
       We bring the latest in control technologies to the Off Highway   and made policies that are on the right track. For India to
       market. Or capability to make equipment more Operator   be a major electronics manufacturer the policy support
       friendly, Service friendly,  have enhanced safety features   needs to continue as only then will it foster the creation of an
       and be Intuitive to use is what our OEM customers admire.   ecosystem of electronics manufacturing which we currently
       This could be done by integrating Intelligent Displays and   lack. But like I said we are on the right path so that’s a big
       Controls, Keypads, Telemetry Solutions, Electro-Hydraulic   positive.
       Controls, Anti Collision solutions, Predictive Diagnostics to
       name a few.                                         Give us an understanding of your company’s performance
                                                           this year and your outlook going forward?
       What sort of Customer centric initiatives has your company   Globally we are growing year on year with several new OEMs
       undertaken to be one step ahead of competition      coming on board. In India we have seen growth in range
       In 2019, we established a full-fledged Integration facility in   of around 20 % every year from past 6 years with healthy
       India which works closely with our OEM customers in India and   profitability. New product launches and new OEM relationships
       ASEAN region. Closeness to the customer, good equipment,   are expected to keep the growth intact. From 2022 the India
       understanding a strong Application engineering team and   facility started looking for growth avenues into the ASEAN
       continuous training of our customers and the end users helps   region including South Korea and have established Integrator
       us establish a great connect with our customer and stay   partners and distributors in the region. Once this network
       ahead of our competition.                           matures, it will help drive further growth in the next few years.

       Has your company launched any new products or launching   As an exhibitor, what are your expectations from bauma
       any thing new at bauma Conexpo India                Conexpo India 2024
       Yes, We have launched the S35 3.5 inch Color Display which   We have always looked at exhibitions as a great place to
       is great for Small to Medium equipment, the SenderCAN   meet  prospective  customers,  our  present  customers  and
       Plus which is a configurable IO Module and the Navigation   enhance our brand presence in India. bauma Conexpo India
       Keypad which works great with our Touch Screen displays.   over  the  past  few  editions  has  become  a  show  where  we
                                                           have great footfall of focused prospective customers and
       Major demands made by end-users of your equipment. Is   looking at the effort put in by the organizers, we expect that
       there a shift from initial cost price to TCO in Buyer Decisions?   to continue this year too.


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