How can the CE Industry become more efficient and what sales do you foresee in 2023-24 in view of the ongoing and upcoming big ticket infra projects?
The Indian CE industry has come a long way in the last two decades owing to the opening up of the economy and the presence of some major international brands in the country. This has given the Indian industry the exposure to the best manufacturing practices from across the world. But having said that, there is always scope for more development.
We should look at how to make our equipment more efficient so that they consume the least number of resources and produce the best results in the most efficient way. Innovation, if incentivised by the CE Industry and the Government, will go a long way towards achieving the Industry’s target of becoming the 2nd largest in the world by 2030.
There is a lot of buzz about a looming recession in the developed world due to which we may see a bit of spirit dampening in India, but we have been able to keep our economic parameters in check as compared to many other nations. The CE Industry of India also seems poised for an upward sales trend in the current scenario.
What innovations, solutions, and services is Torsa offering customers to help them become more productive?
We have added IoT as optional in many of our plants to help customers get real-time data on their machine performance and consumptions. This will enable end-users to plan their production and maintenance so as to get maximum benefits from our equipment and plants.
Torsa’s new facility at Kolkata is well positioned to cater to the upcoming demand. Being in the crushing and screening plants business, the company has adopted Smart Techs to enhance customer convenience and efficiency. These Smart series of machines are robust, highly productive, and will reduce the operating cost of the owners.
We are also contributing towards a more sustainable and eco-friendly environment with the smart tech features. For example, Torsa Smart IVX consumes lesser steel, and keeps the operational and management team of the user updated at all times on its performance. Our machines with smart features give better performance, require lesser maintenance, need lesser space for installation, use optimum power, and minimize plant breakdowns with the smart triggers.
We provide a full circle of services from support to annual maintenance contracts to operating guidance and maintenance. We have recently ventured into owning and operating consultation for the benefit of our clients. Torsa has dedicated training modules for operators for all automation and digitalization which we have integrated into our products and projects. The company has also developed an App through which customers can order spare parts and services and get instant quotes.
Rental companies are feeling the heat with some OEMs entering the rental business; how do you look at this concern of the rental companies who are your major buyers or clients?
As regards rental companies concern on the entry of some OEMs into their business, I think this fear may be unfounded as the market size is huge and the rental business in India is just starting to pick up.