Wednesday, January 21, 2009

BWI: French UPS Major SOCOMEC Sets Ambitious Targets for Indian Market

Press release from Business Wire India
Source: SOCOMEC
Wednesday, January 21, 2009 05:27 PM IST (11:57 AM GMT)
Editors: General: Consumer interest; Business: Business services, Electronic appliances & components, Household & personal care products & services, Information technology, Media & entertainment; Technology
Release no: 19023
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French UPS Major SOCOMEC Sets Ambitious Targets for Indian Market
Ties-up with Redington; Launches New Products

Chennai, Tamil Nadu, India, Wednesday, January 21, 2009 -- (Business Wire India) -- The Chennai-based Socomec UPS India Pvt. Ltd., the wholly owned subsidiary of French UPS major and global leader in UPS technology, Socomec, has set ambitious plans for Indian market by launching a wide range of new UPS products, including: Green Power UPS, ITYS, Statys and Asys in India, with the power range spanning from 1 to 800kVA. The company has fostered a marketing arrangement with Redington India Ltd., a premier end-to-end Supply Chain Management (SCM) solutions provider to strengthen its Indian presence. Socomec India aims to generate a turnover of Rs 200 crore by 2011.

Addressing the media persons here today, Mr Norbert Jacobsen, Managing Director, Socomec UPS India, said that Socomec India is a technology driven company that provides best technology and value based products. The company is launching the new range of UPS products in India to address the needs of the secure power supply with high efficiency and Green electrical energy for the industrial and services sectors.

Mr. Jacobsen said that Socomec India wants to be one among the top three UPS companies in India. The company has recently set up its fully owned subsidiary in India to take a handgrip of its marketing, distribution and retailing processes. Socomec India expects to increase its yearly turnover to Rs 200 crore by 2011. Socomec India has tied-up with Redington to reach its UPS products across India in tier 1, 2 & 3 cities. Redington will play liaison between Socomec and its channel partners.

Socomec's Green Power is a family of static UPS systems with power ranging from 100 to 200 kVA, for loads with power factor 0.9. This new range, which is designed especially for the IT industry, comes with 96%* efficiency, more or less constant throughout the entire load curve. Socomec's ITYS is a new range of single-phase UPS systems, designed with the objective of achieving high volume sales through the power and IT distribution channel. Socomec's Statys & Asys Switches are meant for absolute certainty in the power supply from a dual-redundant system.

The Statys is a range of static load transfer systems (STS) with power levels ranging from 16 A to 63 A single-phase and 63 A to 100 A three-phase in rack versions and up to 1800 A three-phase in cabinet or panel-integratable versions.

Currently, Socomec India has 14 offices and customer service centres across Chennai, Bangalore, Mumbai, Delhi, Hyderabad, Coimbatore, Pune, Kolkata, Madurai, Cochin, Chandigarh, Indore, Ahmedabad and Aurangabad to support its Sales & Service function. It has an 11% market share in the Indian UPS Market.

Socomec has won the "Best Service Provider Award & No. 1 UPS in Product Quality Award" for 10 KVA and above UPS capacity in the Indian market with 94% Customer Satisfaction rating as surveyed by SOFT DISK magazine for the year 2007.

Editor's Notes:

ABOUT SOCOMEC (www.socomec-ups.co.in)

Created in 1922, Socomec with headquarters in France and Italy, is an industrial group with 18 subsidiaries worldwide and eight manufacturing facilities in five countries (France, Italy, Tunisia, India and China) and an exclusive distributor network covering more than 80 countries with a consolidated revenue of 325 Million Euros (over INR 2000 Cr). It offers a complete range of innovative solutions for the production and distribution of switchgear, protection systems and uninterruptible power supplies suitable for the wide range of configurations of the IT industry and telecommunication sectors.

ABOUT REDINGTON (www.redingtonindia.com)

Redington India Ltd is a leading IT distribution player in the Indian, Middle-east and African regions with consolidated revenue over 2.5 Billion USD. Commencing Indian operations in 1993, it has successfully transformed itself from a pure IT product distribution firm with traditional cash and carry model to a leading integrated supply chain solution provider that includes non-IT products and involves management of large inventories.

To view the photograph, please click on the link given below:

Mr. R. Srinivasan, Managing Director, Redington India Ltd. (left) & Mr. Michael Carter, CEO, SOCOMEC Group (right) are Shaking Hands at the Inaugural Function of Socomec UPS India Ltd.'s Chennai facility on 21st Jan. 2009
For picture(s)/data to illustrate this release click below:

http://www.BusinessWireIndia.com/attachments/Pic 1(13).JPG
Mr. R. Srinivasan, Managing Director, Redington India Ltd. (left) & Mr. Michael Carter, CEO, SOCOMEC Group (right) are Shaking Hands at the Inaugural Function of Socomec UPS India Ltd.'s Chennai Facility on 21st Jan. 2009


CONTACT DETAILS
Ms. Chithra Devi, Asst. Manager - Marketing, Socomec UPS India Pvt. Ltd., +91 (044) 39215423, chithra.devi@socomec-ups.co.in

KEYWORDS
CONSUMER, BUSINESS SERVICES, ELECTRONICS, HOUSEHOLD, IT, MEDIA, TECHNOLOGY

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