Tell us more on Elmeasure’s business and the industry performance.
Elmeasure is a 15 years old company. We are into energy management and that’s our core business, IoT platform being our key point. We are number one in the metering sector. We manufacture 50,000 meters every month. We provide our customers with products and solutions that meet the highest quality standards for performance and value.
Smart metering is the talk of the town as the government is also putting lots of emphasis on it. How are you going to encash such opportunities?
Even before smart meters came to India, we came up with prepaid meters in the year 2012. We have a very good amount of business in the private sectors. Our prepaid meters are also IS13779-1584 certified. We had received smart meter projects sometime back. Even though we didn’t have the product with us, we were interested in providing the solution. That’s how we came up with smart meters on single-phase and three-phase, which are in the certification stage and ready to launch. In three months from now we will
have the certification for it.
What kind of business do you see coming in from smart metering?
So far, we have been doing business with only private sectors while for smart meters we require a utility of its own. When it comes to technology, Elmeasure is always in the frontend. In regards to smart meters we are looking out for channel partners in the front-end and would like to do business with their support.
Government plans to install 240 million of smart meters. Are you ready for this initiative?
Our facility does not generate that kind of volume, but definitely in terms of technology we are number one. We would like to help anybody who is in the front-end with facilities. We can accommodate maybe one lakh pieces per month while we are also considering channel partners who have infrastructure, calibration and assembly. Several companies have taken initiative and spoken to us regarding smart meters. We lead in terms of technology which
has been attracting companies to collaborate.
What is the roadmap of Elmeasure?
Presently our capacity is very low, our capacity is to produce around 5,000 meters in a month; we can produce higher volumes with an added infrastructure. It could be a duplication of what we have in multiple places. We have a place of 75,000 sq ft out of which 40,000 sq. ft. is kept for expansion at our existing facility. There are 5000-10,000 meters of prepaid meters as well as 50,000 meters of parallel meters. Half the place is vacant. So, we have plans to double the size.
