DB Power sets up Rs 4.4 cr UPS plant in Pune

UPS company DB Power Electronics has set up a new Rs 4.4 crore manufacturing
facility to meet the growing demand for its products. The company
manufactures UPS power systems ranging from 1 KVA systems for small offices
and ATMs to bigger systems of 500 KVA.

Founder chairman and MD Dilip Bhide said that the 40,000 sq feet
manufacturing facility would house a modern shop floor, electronic loading
platforms, an R&D facility, center for documentation and computerized
stores. "This has been pending for a long time. A project study by our
company revealed that we require 35,000 to 40,000 sq ft from April 2003 to
March 2008. The 7,000 sq ft facility at Mundhwa is not enough to meet the
growing demand," he explained.

During the first quarter this year, the company has order bookings to the
tune of Rs 10 crore. Dilip estimated the total power electronics industries
revenue to be around Rs 2,400 crore, of which 70% is UPS business. However,
the Rs 1,700 crore industry is again divided into the organized, unorganized
and the semi-organized sector. DB Power enjoys a 25% market share in the
enterprise segment.

Dilip foresees a huge demand for UPS systems in growing markets such as
India and China. "All the major manufacturers are coming here. Therefore we
decided to focus on the domestic market," he said. DB Power currently ranks
fourth in the country. Bhide however is upbeat about the company's position
in the UPS market with its growth rate of 22%.

The company's turnover is expected to grow from Rs 48 crore in 2002-03 to Rs
59 crore in the year 2003-04.