Consul sets to reach zenith in power conditioning company

Consul sets to reach zenith in power conditioning company“We believe in a few years, we can achieve our vision of becoming the leading Indian power backup and power conditioning company,” says Sriram Ramakrishnan, CEO, Consul Consolidated Pvt. Ltd.Consul Consolidated is looking to scale the business multifold in turnover over the next few years. In a conversation, Sriram Ramakrishnan shares how Consul has set the foundation to achieve its objective of becoming India’s best.A leader, a motivatorOne characteristic that every leader should possess is the ability to constantly challenge the team as it helps to improve the performance and brings out the best in every individual. Of course, a leader must clearly set the vision and goals for the company, align the team to the goals and create an environment that encourages transparent communication, team work and focus on performance. The leader must challenge the team and at the same time act as a motivator when the business environment gets tough.Biggest achievementConsul Consolidated completed the 100 acquisition of Megatech, a Pune-based UPS inverter and solar power products manufacturer, in July 2013. Megatech product range complements the existing range of products offered by Consul. This acquisition positions Consul as one of the only Indian manufacturers to offer a full range of power conditioning and power backup products including stabilizers, UPS, inverters, solar power conditioning units (PCUs) and energy-saving products supported by a pan India service network of company trained services engineers in 75 locations. In last year, another major transition was transforming Consul from a promoter-run company to a professionally managed company after the investment by Peepul Capital Advisors in 2012. With the new investors and professional team in place, Consul is looking to scale the business multifold in turnover over the next few years. Last year, the total turnover of the company was Rs 150 crore and the foundation has been set to achieve its objective of becoming India’s premier power backup and power conditioning company. Over the last 1 year, Consul has added several new products to its kitty. From Megatech, it has access to a very unique product called ELOS (Emergency Lift Operating Systems), a solution for lifts that will help run the lifts and elevators even during power outages.

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