TMEIC Industrial Systems India Private Limited

Background

TMEIC Industrial Systems India Private Limited (TMEIC India) is a wholly-owned subsidiary of Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC), a joint venture between Toshiba Corporation and Mitsubishi Electric Corporation established in 2003. Headquartered in Bengaluru, India, TMEIC India specializes in the design, engineering, manufacturing, and testing of power electronics equipment and large-capacity electric motors. The company's mission is to provide state-of-the-art products that promote social, industrial, and economic development while reducing environmental impact.

Key Strategic Focus

TMEIC India's strategic focus encompasses:

Renewable Energy Solutions: Manufacturing photovoltaic (PV) inverters to support solar power generation, contributing to India's renewable energy initiatives.

Industrial Automation: Providing advanced automation systems, including variable frequency drives and electric motors, to enhance operational efficiency across various industries.

Energy Efficiency: Developing high-efficiency medium voltage induction motors and power conversion technologies to optimize energy consumption in manufacturing processes.

Financials and Funding

As of October 2020, TMEIC India reported crossing INR 10,000 million in sales during its tenth year of operations. The company invested approximately INR 5,000 million in its manufacturing facility in Tumakuru, Karnataka, which spans 22 acres and supports the production of medium voltage induction motors, medium voltage drives, uninterruptible power supplies (UPS), and solar PV inverters.

Pipeline Development

TMEIC India continues to expand its product offerings and technological capabilities. Recent developments include:

Hydrogen Production Solutions: Introduction of rectifiers for hydrogen production, offering efficient and versatile power supplies with low harmonics and ripple, and unity power factor solutions.

Energy Audits and Optimization: Providing energy audits to identify and address inefficiencies in clients' processes, aiming to reduce operational costs and enhance energy efficiency.

Technological Platform and Innovation

TMEIC India's technological advancements include:

Proprietary Technologies: Development of high-capacity PV inverters, medium voltage variable frequency drives, and large-capacity induction motors.

Scientific Methodologies: Implementation of energy management solutions, including energy audits and process optimization, to enhance operational efficiency and reduce energy consumption.

Leadership Team

Managing Director: Hidekazu Matsushima

Vice President - Business Strategy: Hemant Sawarkar

General Manager: Sunil Naik

DGM Marketing and Head of Business Development - MV Motors, MV Drives, UPS, Solar - COG Segment: Prashant Thakekar

Head - Industrial Systems Business: Sreekumar Kb

Head - UPS Business Unit: Krishna Murari Sharma

Head Sales India - UPS Business Unit: Shreekumar Das

Senior Brand Marketing Manager: Jyoti Pardesshi

Leadership Changes

As of the latest available information, there have been no recent significant changes or appointments within TMEIC India's leadership team.

Competitor Profile

Market Insights and Dynamics

The industrial automation and renewable energy sectors in India are experiencing significant growth, driven by the government's initiatives to promote sustainable energy and enhance industrial efficiency. TMEIC India operates in a competitive landscape with several key players.

Competitor Analysis

Siemens: A global leader in industrial automation and energy solutions, offering a wide range of products and services in India.

Schneider Electric: Specializes in energy management and automation solutions, with a strong presence in the Indian market.

ABB: Provides industrial automation, robotics, and electrification products, competing directly with TMEIC India's offerings.

Rockwell Automation: Focuses on industrial automation and information solutions, serving various industries in India.

Strategic Collaborations and Partnerships

TMEIC India leverages its parent company's global expertise and collaborates with local industries to provide tailored solutions. The company has established partnerships with various sectors, including steel, cement, and renewable energy, to deliver customized products and services that meet specific industry needs.

Operational Insights

TMEIC India's manufacturing facility in Tumakuru is a greenfield plant designed to achieve carbon and water neutrality. The facility incorporates rainwater harvesting, zero discharge systems, natural air ventilators, and in-house solar power generation of 1,000 kWp. This commitment to sustainability provides a competitive advantage in the market.

Strategic Opportunities and Future Directions

TMEIC India aims to:

Expand Renewable Energy Solutions: Increase production capacity for PV inverters to meet growing domestic and international demand.

Enhance Industrial Automation Offerings: Develop advanced automation systems to cater to the evolving needs of various industries.

Promote Energy Efficiency: Continue providing energy audits and optimization services to help clients reduce operational costs and achieve sustainability goals.