News Article
Indian Growth Encourages Company
Volex enters Indian market on the strength of Government plans.
Volex Group plc, the global designer and manufacturer of high-performance interconnect solutions and power cords, is launching a full range of products into the renewable energy market in India, including junction boxes (J-Boxes) and custom-designed fused harnesses. The J-Boxes, which are to be manufactured at Volex's Chennai manufacturing plant in India, carry the power generated by solar arrays and are TÜV certified for supply to India and any other countries where this is a requirement.
Volex has already enjoyed a great deal of success in the renewable energy market, supplying cable assemblies to leading developers and manufacturers of solar energy systems throughout the US and Europe, helping them to achieve effective conversion rates of sun energy to electrical power. Volex supplies cable assemblies that interconnect solar arrays across Photovoltaic (PV), Concentrator Photovoltaic (CPV) and Highly Concentrated Photovoltaic (HCPV) installations. These components contribute to the transfer of power through junction boxes and combiner boxes, as well as interconnecting between the solar cells, resulting in a significant increase in the overall performance of the installation.
The company has had a presence in India for the last 11 years, supplying to the country's fast-growing telecoms market. Volex is now looking to expand its presence in this region by penetrating the renewable energy market through the provision of products for solar installations.
Dhanaraj Babanagar, Sales Director for the Solar Division at Volex, comments, “India currently lags behind other countries in terms of solar deployments but uptake of these technologies has undoubtedly increased throughout the region. Private companies are beginning to consider the advantages of investing in renewable technologies and the government is putting plans in place to generate power that feeds into the grid via solar installations.”
Ramesh Subramanian, Country Head and Finance Director, Volex India, adds, “As the first company to have TÜV approval for a junction box produced in India, Volex India has a great opportunity to facilitate the uptake of solar arrays across the country. With a factory in Chennai, Volex can apply its vast industry experience to deliver short lead-times and flexible logistics in terms of delivery to the whole of India and indeed further afield, not to mention competitive pricing frameworks.”
Subramanian concludes, “We expect the company's market share in this sector to grow rapidly over the next year or so, with Volex bringing these new products to market imminently. Volex is also in the process of acquiring UL certification for the J-Box for future supply into the European and US markets.”
Volex has already enjoyed a great deal of success in the renewable energy market, supplying cable assemblies to leading developers and manufacturers of solar energy systems throughout the US and Europe, helping them to achieve effective conversion rates of sun energy to electrical power. Volex supplies cable assemblies that interconnect solar arrays across Photovoltaic (PV), Concentrator Photovoltaic (CPV) and Highly Concentrated Photovoltaic (HCPV) installations. These components contribute to the transfer of power through junction boxes and combiner boxes, as well as interconnecting between the solar cells, resulting in a significant increase in the overall performance of the installation.
The company has had a presence in India for the last 11 years, supplying to the country's fast-growing telecoms market. Volex is now looking to expand its presence in this region by penetrating the renewable energy market through the provision of products for solar installations.
Dhanaraj Babanagar, Sales Director for the Solar Division at Volex, comments, “India currently lags behind other countries in terms of solar deployments but uptake of these technologies has undoubtedly increased throughout the region. Private companies are beginning to consider the advantages of investing in renewable technologies and the government is putting plans in place to generate power that feeds into the grid via solar installations.”
Ramesh Subramanian, Country Head and Finance Director, Volex India, adds, “As the first company to have TÜV approval for a junction box produced in India, Volex India has a great opportunity to facilitate the uptake of solar arrays across the country. With a factory in Chennai, Volex can apply its vast industry experience to deliver short lead-times and flexible logistics in terms of delivery to the whole of India and indeed further afield, not to mention competitive pricing frameworks.”
Subramanian concludes, “We expect the company's market share in this sector to grow rapidly over the next year or so, with Volex bringing these new products to market imminently. Volex is also in the process of acquiring UL certification for the J-Box for future supply into the European and US markets.”
