MR. SANJAY VERMA
Q.Can you tell us the intriguing story behind the founding of your company and also shed light on some of the major challenges and opportunities you faced in the early years?
Sharika Enterprises Ltd. was formed in the year 1998. We established the company to offer not only efficient, but innovative consultancy services in the fields of Power and Telecom, representing the two important sectors of the Indian economy. Initially, the company was operated as a consultancy firm having a strong focus on addressing the emerging challenges within both these sectors. Our initial years were filled with both challenges and opportunities. One of the major challenges that we faced was the need to build credibility in a competitive market. However, we quickly found the opportunity to collaborate with international companies like LS Cable (Korea) and Hyosung Corporation. Such collaborations played a significant role in our growth. One of our most significant milestones was the 400kV XLPE cable project in India. Valued at over US$ 150 million the project helped us establish a solid reputation. Going forward we diversified into engineering, construction and manufacturing, further solidifying our position in the industry.
Q.How does the company ensure that its strong client focus and commitment to world-class quality are maintained across such diverse business lines and projects?
At Sharika, we follow customer-centric approach with innovation as part of our culture. Whether we are working in the field of smart digital infrastructure. Our commitment to delivering world-class quality is maintained through continuous improvement, innovation, and rigorous quality controls. We ensure that our teams undergo regular training and development so that they remain up to date with the latest standards and technologies. Our focus on delivering high-quality is reinforced by our strategic partnerships with industry leaders like Schneider, SPIN, Tavrida, GE, RAD, LS Cable, Hyosung and NKT, ensuring that we deliver globally recognized products and services. We regularly assess the feedback of our clients. Such an activity helps us in maintaining long-term relationships with our clients.
Q.What measures is your company implementing to ensure your projects are environmentally sustainable and align with global sustainability standards, especially in industries such as energy and construction?
Sustainability is a core pillar of Sharika’s longterm strategy. Particularly in the energy sector we have taken several steps to align with global sustainability standards. Our work in solar energy segment also reflects our commitment to clean and renewable sources. We are proud to be associated with the Solar Energy Corporation of India (SECI) and the Ministry of New and Renewable Energy (MNRE), focusing on both grid-connected and offgrid solar plants including Micro Grids and Battery Energy Storage Systems. Especially in power sector projects, we ensure that our projects minimize environmental impact through the use of energy-efficient products and sustainable technologies. For instance, we introducing ADMS and new power system and network modelling tools that will ensure efficient use of grid infrastructure, appropriate reactive power management, thereby Improving efficiency of the grid and avoiding new plants.
Q.How does the company determine which international technologies or products to introduce to the Indian market, and what process is followed to ensure they align with local needs and industry standards?
Sharika Enterprises closely monitors global market trends and technological innovations. It also studies evolving industry standards to identify technologies and the products that have the potential to transform the Indian market. We also establish partnerships with leading international companies to bring cutting-edge technologies to India. Before introducing a product or technology in the market we thoroughly assess its relevance to local requirements in addition to the compliance with Indian regulations and the ability to deliver value to our customers. For example, our introduction of Advanced SCADA DMS and OMS (ADMS) will bring a revolutionary change in the way Telemetry and Telecontrol, especially in energy infrastructure is designed today. We conduct pilot projects, gather feedback, and collaborate with local industry stakeholders to ensure that the solutions we bring meet the highest standards and address specific local challenges.
Q.Considering the dynamic nature of the industries you operate in, what key challenges do you expect in the coming years, and how is your company positioning itself to address them?
We have already been successfully positioned brand Sharika as a competent leader in the energy and infrastructure sectors. We have invested in digitalisation, automation and innovation to keep ourselves ahead of industry trends. The industries we operate in are evolving rapidly and so we foresee several challenges in the coming years. These include the increasing demand for clean energy, advancing technology and shifting regulatory environments. With our Smart Pole mounted Switchgear (Autoreclosers & Sectionalizers), Line Fault Indicators (FPI) and ADMS solutions, Sharika is in the front row of technology intervention in Energy Distribution sector. At Sharika Enterprises, we are continuously diversifying our product portfolio to address all these challenges.
Q.What strategies does the company have in place to maintain its focus on being customer-centric and a worldclass provider, especially in light of growing competition and technological advancements in your regions?
In order to stay customer-centric in this increasingly competitive landscape we first of all understand the unique requirements of each client. Depending on their unique requirements we deliver them tailored solutions. We maintain a strong feedback loop with our clients to continuously improve our products and services. Staying ahead of technological advancements, we have invested heavily in R&D. By integrating cutting-edge technologies into our solutions we have been able to offer our customers the latest and most efficient options. Additionally, our strategic partnerships with global leaders help us deliver world-class products. All these strategies coupled with our deep commitment to service excellence help us maintain a distinct competitive edge.
Q.What are the key growth areas for the company in the next 5-10 years, and how do you see its role in shaping the future of sectors such as energy, infrastructure, and telecom?
Over the next 2-3 years, Sharika aims to strengthen its position in energy automation, especially in Power Distribution, Transmission and Renewables and then expand further into the smart infrastructure sector. We will continue to play a key role in delivering energy-efficient, sustainable solutions, contributing to India’s transition to cleaner energy. In the infrastructure segment we aim to support the country’s growing demand for smart cities and modernised utilities. We are committed to deliver advanced solutions in power distribution and telecom. Additionally, we foresee telecom infrastructure for non teleco industry, evolving with the advent of 5G and MPLS-TP. So, we plan to be at the forefront of these developments. By continuously investing in technology, sustainability as well as innovation, we envision ourselves being a key enabler of India’s infrastructure growth and a catalyst for positive change in the energy and infrastructure sectors.
