Colombo,
May 28, 2004 - Emerson
Network Power India Pvt Ltd, the
leader in Network Uptime Solutions,
organizing its first customer meet
in Colombo to address existing and
top 150 potential customers, today
announced plans to double its current
10%
market share to 20%
by year end 2004-2005.
Having entered the Sri-Lankan market
almost 14 years ago via tie-ups
with local distributors, the company
also announced the opening of a
liaison office under the aegis of
a newly appointed Country Manager.
Speaking on the occasion was
Shrikant Bapat-Country
Champion-Uptime Solutions- Emerson
Network Power (India) Pvt. Ltd,
“Our new Country Manager,
Lalit Hewage has been in the UPS
and power solutions industry for
more than 15 years. With this
appointment, we will be able to
forge ahead with our new business
development efforts and consolidate
our presence in the market.”
During the course of the previous
year, Emerson Network Power bagged
several orders to the tune of
US $ 500,000.
Notable amongst them were, VSNL
Lanka, a fully owned
subsidiary of the Tata Group,
an Advantage Global
order for the computerization
of the Prime Minister’s
Office, John Keells Holdings,
The Ministry of Education
and The Wildlife and Forest
Conservation Department.
The company also increased its
existing range of UPS and PEC
products in the country with the
introduction of PC Uptime, a 650
VA UPS and Himond PEC. The PC
Uptime 650 VA UPS received an
overwhelming response with 5,000
units already rolled out in the
market. Himond also elicited a
favorable response from reputed
players in the textile industry
such as Gtech Lanka Pvt Ltd, Melnorne
Textiles Pvt Ltd and Winter Quilts
Pvt Ltd.
Laxman Aglawe, Corporate
Champion – International
Business, Emerson Network Power
added, “We have
made significant inroads into
the government and garment verticals
in the past year. Going forward,
Emerson Network Power will drive
a market segmentation exercise
to ascertain the demands and requirements
of key verticals such as Telecom,
IT & Software and Industry.
Emerson/Liebert first established
a presence in Sri Lanka in 1992
through the appointment of its
distributors. Today Emerson's
distributors, Arctic (Pvt) Ltd,
effectively support some of the
most prominent names in the country
mentioned earlier in this piece.
About Emerson Network
Power:
Emerson Network Power, an Emerson
business, provides a full spectrum
of reliable power solutions, including
inbound power, connectivity, power
supplies, power systems and precision
cooling, backed by the largest
global services organization in
the power industry.
Emerson Network Power manufactures
& markets Uninterruptible
Power Supply (UPS) systems; Climate
and Environmental systems (PAC);
DC power systems; Automatic Transfer
Switches (ATS) and power distribution
units - all supported by world-class
professional services, catering
to major industries such as Telecom,
Infotech and Process Control among
others.
These products cover the entire
range of network uptime solutions
to serve the needs of telecommunications
networks, data centers, health
care and industrial facilities
worldwide. For more information,
visit www.emersonnetworkpower.com
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