Techno Electromech Private Limited
Background
Techno Electromech Private Limited, established in 2011 and headquartered in Vadodara, Gujarat, India, specializes in the manufacturing and marketing of LED products. The company is dedicated to delivering high-quality, energy-efficient lighting solutions tailored to both commercial and domestic sectors.
Key Strategic Focus
The company's strategic focus encompasses:
- Product Range: Offering a diverse array of LED lighting products, including street lights, flood lights, panel lights, downlights, decorative lights, high bay and medium bay lights, well glass, batten lights, bulbs, lamps, strip, and track lights.
- Customization: Providing customizable lighting solutions to meet specific client requirements.
- Quality Assurance: Operating a 500,000 square feet facility certified with BIS, NABL, ISO 9001:2015, ISO 14000, ISO 45000, UL, DLC, ETL, and ENEC standards to ensure product excellence.
- Sustainability: Committed to promoting environmentally friendly and sustainable lighting solutions.
Financials and Funding
As of the financial year ending March 31, 2023, Techno Electromech reported:
- Authorized Capital: ₹10.00 crore
- Paid-up Capital: ₹8.08 crore
- Open Charges: ₹108.90 crore
- Satisfied Charges: ₹24.00 crore
The company has secured funding from financial institutions such as HDFC Bank Limited and Kotak Mahindra Bank Limited.
Technological Platform and Innovation
Techno Electromech's technological advancements include:
- Certified NABL Laboratory: Equipped with a C-type Goniophotometer for precise photometric testing, measuring parameters like LUX levels and lumens.
- Advanced Manufacturing Facilities: Utilizing state-of-the-art equipment to produce high-quality LED products.
Leadership Team
The leadership team comprises:
- Saurabh Dahyabhai Patel: Director since January 25, 2011.
- Nisarg Saurabh Patel: Director since September 30, 2014.
- Rashmikant Vithalji Mehta: Director since May 3, 2023.
Leadership Changes
A notable leadership change includes the appointment of Rashmikant Vithalji Mehta as Director on May 3, 2023.
Competitor Profile
Market Insights and Dynamics:
The LED lighting industry in India is experiencing significant growth, driven by increasing demand for energy-efficient lighting solutions and government initiatives promoting LED adoption.
Competitor Analysis:
Key competitors include:
- BHEL: Engages in consumer goods, manufacturing, power, electronics, engineering & construction, and electrical equipment sectors.
- Siemens: Operates in urban transport, semiconductors, electronics manufacturing, software products, electrical equipment, and industrial automation.
- Larsen & Toubro Limited: Involved in defense & aerospace, industrial machinery, power, real estate, engineering & construction, and oil & gas industries.
- Thermax Limited: Specializes in industrial machinery.
- ABB: Focuses on industrial machinery.
Strategic Collaborations and Partnerships
Techno Electromech has established partnerships with financial institutions, including HDFC Bank Limited and Kotak Mahindra Bank Limited, to support its financial operations.
Operational Insights
The company differentiates itself through:
- Customization: Offering tailored lighting solutions to meet diverse client needs.
- Quality Standards: Adhering to multiple international certifications to ensure product reliability.
- Sustainability: Emphasizing environmentally friendly and energy-efficient products.
Strategic Opportunities and Future Directions
Techno Electromech aims to:
- Expand Product Portfolio: Introduce innovative LED products to cater to evolving market demands.
- Enhance Market Presence: Strengthen its position in both domestic and international markets.
- Invest in R&D: Focus on research and development to drive technological advancements in LED lighting.
Contact Information
- Website: Techno Electromech Private Limited
- LinkedIn: Techno Electromech Pvt Ltd
- Headquarters: Vadodara, Gujarat, India
Note: Specific contact details such as address, phone number, and email are omitted to maintain privacy.
