BREAKING NEWS

Lockdown constraints amid second wave of Covid-19 a downside risk for electricity demand: ICRA

Lockdown constraints amid second wave of Covid-19 a downside risk for electricity demand: ICRA

Interview

DIRECTOR

( GLOSTER CABLE LIMITED )

MR. VINAY RATHI

1.What kind of market opportunities do you see in Indian Market?

The Indian market presents several market opportunities across various sectors due to its large population, growing economy, and increasing consumer demand. Here are some key areas of potential market opportunities in the Indian market:

1. E-commerce and Digital Services: With the rapid growth of internet penetration and smartphone adoption, the e-commerce sector in India has experienced significant growth. There are opportunities for both local and international companies to tap into the expanding online retail market, digital payments, and other digital services such as online education, entertainment streaming, and food delivery.

2. Renewable Energy: India is actively pursuing renewable energy targets and has been investing in solar, wind, and hydropower projects. There are opportunities for companies involved in renewable energy generation, equipment manufacturing, energy storage solutions, and smart grid technologies to meet the increasing demand for clean and sustainable energy.

3. Infrastructure Development: India has a vast infrastructure development agenda, including transportation, urbanization, and smart cities. This presents opportunities for companies involved in construction, transportation, logistics, urban planning, and development of smart city solutions.

4. Healthcare and Pharmaceuticals: India has a growing middle class with increased healthcare spending, leading to opportunities in pharmaceuticals, medical devices, telemedicine, and healthcare technology solutions. The government’s focus on affordable healthcare and initiatives such as Ayushman Bharat also open avenues for healthcare providers and insurers.

5. Electric Vehicles (EVs) and Clean Mobility: The Indian government has set ambitious targets for electric vehicle adoption, providing opportunities for companies in EV manufacturing, charging infrastructure, battery technology, and related services. Additionally, there is potential for companies specializing in clean mobility solutions such as shared mobility, last-mile connectivity, and public transportation.

6. Financial Technology (Fintech): India has witnessed significant growth in the fintech sector, driven by digital payments, mobile banking, and financial inclusion initiatives. Opportunities exist for fintech companies offering innovative solutions in areas like digital lending, insurance, wealth management, and financial inclusion for underserved populations.

7. Agriculture and Food Processing: India is an agrarian economy, and there is scope for companies involved in agricultural technology, farm mechanization, crop management systems, and food processing. Demand for organic and healthy food products is also on the rise, providing opportunities in the food and beverage sector.

It’s important to note that market dynamics and opportunities can change rapidly, and conducting thorough market research, understanding local regulations and cultural nuances, and developing a localized strategy are crucial for success in the Indian market.

 

2.How do you envision growth for your company for the next five years and what are the future plans of your company?

We aim to achieve a substantial growth in our turnover over the next five years through a strategic focus on expanding our capacity and enhancing our factory area. Our objective is to effectively double our current turnover by leveraging capacity enhancement measures and future plans for the expansion of our factory premises. By proactively investing in these key areas, we are confident in our ability to meet the evolving market demands, optimize operational efficiencies, and capitalize on emerging opportunities. This growth trajectory aligns with our long-term vision and commitment to delivering exceptional value to our stakeholders while solidifying our position as a leading player in the industry.

 

3.What are Gloster Cables Ltd Control highlights in 2022? What are the company’s hopes in 2023?

Some of the Highlights in 2022:

1. We supplied our cables at NHRSCL a part of Ahmedabad Mumbai Bullet Train Project

2. 1.4 Cr FS Cable order.

3. GLOSTER has supplied entire range of cable to electrify “The Statue of Equality”

We are hoping to reach a turn over of Rs 800 Cr in 2023.

 

4.What are the latest trends in the market and what are the challenges faced by the electrical industry?

Here are some of the latest trends in the electrical industry:

1. Renewable Energy: The increasing focus on sustainability and the transition towards renewable energy sources such as solar, wind, and hydropower is a significant trend in the electrical industry. There is a growing demand for electrical components and systems that support the generation, distribution, and storage of renewable energy.

2. Energy Efficiency: Energy efficiency has become a key concern in the industry. There is a rising demand for energy-efficient products andsolutions that help reduce energy consumptionand lower operating costs. This includesenergy-efficient lighting systems, smart grids,and energy management systems.

3. Smart Homes and Buildings: The concept of smart homes and buildings is gaining momentum. Integration of technologies such as Internet of Things (IoT), automation, and advanced control systems into electrical systems allows for improved energy management, increased comfort, and enhanced security. This trend includes smart lighting, smart meters, home energy management systems, and building automation systems.

4. Electric Vehicles (EVs): The growth of the electric vehicle market is impacting the electrical industry. The increasing adoption of EVs creates demand for charging infrastructure, advanced battery technologies, and grid integration solutions. This trend includes the development of fast-charging systems, vehicle-to-grid (V2G) technologies, and energy storage solutions for EVs.

5. Digitalization and Connectivity: The digital transformation of the electrical industry is underway. There is a shift towards digitization, connectivity, and data-driven solutions. This includes the use of sensors, cloud computing, artificial intelligence (AI), and data analytics to improve the efficiency, reliability, and maintenance of electrical systems. Regarding the challenges faced by the electrical industry, here are a few:

1. Aging Infrastructure: Many electrical systems and grids worldwide are aging and require upgrades and modernization. Replacing and upgrading infrastructure can be costly and time-consuming.

2. Cybersecurity: As electrical systems become more connected and digitized, the risk of cyber threats and attacks increases. Ensuring robust cybersecurity measures to protect critical electrical infrastructure is a significant challenge.

3. Skilled Workforce: The electrical industry requires a skilled workforce with expertise in emerging technologies and digitalization. Finding and retaining qualified professionals is a challenge, especially with the rapid pace of technological advancements.

4. Environmental Regulations: Compliance with environmental regulations and sustainability goals poses challenges for the industry. Adapting to stricter emission standards and incorporating environmentally friendly practices can require significant investments and changes in processes.

5. Supply Chain Disruptions: The electrical industry, like many others, faces challenges related to supply chain disruptions, as seen during the COVID-19 pandemic. Dependence on global supply chains and shortages of key components can impact production and project timelines.

It’s important to note that the electrical industry is continuously evolving,

 

5.Which new product are you working on?

We are going to start manufacturing 33kV(UE)Cables shortly.

 

6.What are the key features of Flat Submersible Cables? How it is different from RG-6 CO AXIAL Cables?

Flat submersible cables, also known as flat pump cables or flat underwater cables, are specifically designed for use in submerged environments such as underwater pumps, fountains, and other waterrelated applications. Here are some key features of flat submersible cables:

1. Construction: Flat submersible cables are typically constructed with multiple conductors, insulated with a durable and water-resistant material such as PVC (Polyvinyl Chloride). The conductors are often made of copper or aluminum for efficient electrical conductivity.

2. Water Resistance: The primary feature of flat submersible cables is their ability to resist water ingress. These cables are specifically designed to function reliably even when completely submerged in water. The water-resistant insulation and protective layers ensure that the cables remain unaffected by water, preventing electrical failures and damage.

3. Flexibility: Flat submersible cables are designed to be flexible and easy to handle. Their flat shape allows for easier installation in tight spaces and along surfaces such as walls or floors. The flexibility ensures convenientrouting and placement of the cables in various applications.

4. Mechanical Strength: These cables are engineered to withstand the mechanical stress caused by submersion and water flow. They are constructed with materials that offer good tensile strength and resistance to abrasion, ensuring durability and longevity in demanding environments.

5. UV Resistance: Flat submersible cables often have UV-resistant properties to protect against damage from prolonged exposure to sunlight. This feature is particularly important when the cables are used in outdoor applications.

Now, let’s compare flat submersible cables with RG-6 coaxial cables:

1. Usage: Flat submersible cables are specifically designed for use in submerged environments, while RG-6 coaxial cables are primarily used for transmitting video signals in home entertainment systems, cable TV, and satellite installations.

2. Construction: Flat submersible cables are usually multi-conductor cables with waterresistant insulation, designed for underwater use. On the other hand, RG-6 coaxial cables consist of a single conductor surrounded by insulating layers and shielding, optimized for high-frequency signal transmission.

3. Water Resistance: While both cables have some level of water resistance, flat submersible cables are explicitly designed to withstand complete submersion in water, making them suitable for underwater applications. RG-6 coaxial cables are not designed for underwater use and may not provide the same level of water resistance as flat submersible cables.

4. Application Environment: Flat submersible cables are commonly used in water-related applications such as underwater pumps, fountains, and swimming pools. In contrast, RG-6 coaxial cables are typically used indoors for connecting TVs, set-top boxes, and other audio/video devices.

5. Physical Design: Flat submersible cables have a flat shape, which allows for easier installation along surfaces and in tight spaces. RG-6 coaxial cables are cylindrical in shape and have a thicker, round profile.

It’s important to choose the appropriate cable based on the specific requirements of your application to ensure reliable and safe operation.

 

7.What are the key features of Fire Survival Cables? How it is helping in preventing from short circuit?

Fire survival cables, are specially designed to maintain their functionality and integrity during a fire. They are used in critical applications where the continuous operation of electrical systems is essential for safety and emergency purposes. Here are the key features of fire survival cables and how they help prevent short circuits during a fire:

1. Fire Resistance: Fire survival cables are manufactured using materials that are resistant to fire and high temperatures. They are designed to withstand the effects of fire for a specified duration, maintaining their structural integrity and electrical performance.

2. Flame Retardant Insulation: Fire survival cables are insulated with flame retardant

materials that limit the spread of fire along the cable. This insulation helps to prevent the cables from catching fire and reduces the risk of short circuits caused by direct exposure to flames.

3. Low Smoke and Toxic Gas Emissions: Fire survival cables are typically designed to emit low levels of smoke and toxic gases when exposed to fire. This is important for ensuring the safety of people in the vicinity of a fire and for maintaining visibility during evacuation procedures.

4. Circuit Integrity: Fire survival cables are constructed to maintain circuit integrity even in the presence of fire. They are engineered to continue carrying electrical current during a fire, allowing critical systems to remain operational. This is achieved through the use of fireresistant conductors and insulation materials that can withstand high temperatures.

5. Mechanical Strength: Fire survival cables are designed to maintain their mechanical strength even when exposed to fire. This ensures that they remain intact and are less likely to break or become damaged, reducing the risk of short circuits due to cable failure.

6. Compliance with Fire Safety Standards: Fire survival cables are manufactured in accordance with specific fire safety standards and regulations. These standards define the fire performance criteria that the cables must meet, including fire resistance, flame spread, smoke emission, and circuit integrity.

By incorporating these features, fire survival cables help prevent short circuits during a fire by resisting

the spread of flames, maintaining their electrical functionality, and minimizing the release of smoke and toxic gases. This allows critical systems to

continue operating during a fire, facilitating safe evacuation and emergency response efforts.