Attaining New Heights [Nov 2011]
By admin November 25, 2011 7:13 am
Attaining New HeightsKTR India, a one stop solutions provider in couplings technology has crossed 2010 turnover in Sept 2011 itself. Against 25 per cent growth in 2010, the company aims to achieve over 36 per cent growth in 2011. An interview with Kumar Karandikar, Manager Sales, KTR IndiaWith more than 50 years of experience in power transmission solution business having 20 subsidiaries throughout the world, what keeps KTR going?We at KTR, with a strong and proven technical expertise and capacity to develop solutions, have always upgraded our product bouquet to cope up the rising qualitative demands with the upgrading technology in the industry. With this, the product quality is constantly improving and we are always one step ahead than the market demands, giving us an edge over other players in the industry.
How has your journey been so far in India?KTR India’s growth is really remarkable since last couple of years. With more and more efforts on sales and increasing our presence in Indian market, we grabbed many opportunities. Many esteemed customers are approaching us on their own to develop the business relations with KTR as a solution provider. In a few cases, where we have been able to provide complete technical solutions and resolve on-going issues in power transmission, we are able to create raving customers.
What is your opinion on the recent status on your areas of business?KTR as a brand though has very strong potential in every industrial segment, we want to progress in a concentrated way and therefore, we are restricting our growth pans to specific segments so that the growth is in a concentrated way and we are able to control the growth and meet the customers’ demand in a qualitative approach. This is always better than growing in all segments at a time and creating huge impact on meeting all commitments simultaneously.
What are the key technological trends that are driving the couplings industry?With more and more customers entering into global market, the qualitative demands are getting prioritised very fast. Customers are keen to elevate their products in terms of global quality. As such, the earlier trend of getting low-cost, average quality sub-products is getting eliminated. KTR being already the global leader for power transmission solutions and having a globally spread network, has the capacity to meet qualitative demands.How do you see the competitiveness in the Indian market today? What measures does the company take to remain competitive?Through KTR’s internal quality program – MbK (Made By KTR), we are getting the manufacturing licenses and expertise transferred from our Principals to the Indian plant. We are constantly upgrading the plant set-up and vendor-base to get geared up and cope with the increased inflow of demands. We are focusing on a few segments and orienting all our sales and marketing efforts in a streamlined way to target and achieve increments.
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