Electrical panel boards are an indispensable product for large buildings. A company called Global Industries is doing this in a different way. They will manufacture as many boards as are available up to a limit of 3200 ARMS. They will be given to those in need within 3 days. S. Rahul, who has been in this field for 10 years, says. This venture is in Ponakam near Mavelikkara.
Engineer’s passion
While studying electrical engineering, Rahul had already realized the potential of panel boards/switch boards and other electrical equipment. Hence, after passing his engineering, he did not try any other job. He joined his father’s small electrical factory. After his death, he took over the management of the company.
Investment of one crore
Since taking over the company, an investment of about one crore rupees has been made. Laser cutting, binding, welding, and CNC machines have been installed and modernized. The plant has been expanded by improving the facilities. The company has more than twenty-five permanent employees, including technicians. Designing and marketing have been coordinated in a good way. Rahul himself supervises everything. Thus, it has been able to grow into one of the few companies in Kerala that manufactures electrical panel boards.
Made to order
The main raw materials are sheets and switches of various grades. These are available locally. Products of leading companies like L&T and Tata are purchased. The sheets are brought in, cut into the design as per the order, welded and ground. Then powder coating is done. Since the ‘7 Tank Coating’ system is not available in the plant, it is done by a company in Kalamassery. All types of panels including AMF are manufactured.
30–35 lakhs per month
KSEB and leading building contractors of the country are the customers of the company. The work is done on the basis of orders received in advance. Orders are taken by visiting the customers directly. The company has the capacity to supply any panel board within 3–4 days. The monthly turnover is Rs. 30–35 lakhs. The GST on these is 18%.
Rahul says that the net profit in this business is low. The company does not do installation work. But the necessary arrangements will be made for it.
Modernization
Rahul is preparing to improve technical efficiency to ensure better quality and further modernize the factory. The goal is to fully utilize the potential of AI.
For new entrepreneurs
∙ If you have technical excellence, there is a good market potential.
There is very little competition for products with technical excellence. This will help ensure a good market. There is also a good chance of getting regular customers. Electrical panel boards, switch boards, electrical equipment, wiring materials, and electrical contract works are all areas where you can shine. Mini transformers are also a possibility. You can start a partnership firm with an investment of Rs. 50 lakhs and earn at least Rs. 5 lakhs per month.
Update priority
Rahul has been taking over the company for 10 years. Since then, he has focused on updating the technology and machinery. That is the main secret behind the company’s great success. He has also started using AI technology in design and other areas.
The monthly turnover is around Rs 30-35 lakh.
