Q.1 How has this year been for Gloster Cable? What are the differences that you see in the market in pre & post lockdown period?

 

Global Economy got affected drastically during pandemic. We at Gloster quickly transformed us towards using digital platform like online interaction with customer through video calls, making us available round the clock for any of their queries through regular emailers, conference calls, webinars etc. We reached all of our clients through these modes. We noticed change in buying pattern of customers and accordingly we addressed their queries. We conducted several online inspections for customers because of restrictions in visits. As a matter of fact although we faced some hurdles in initial days but we coped up with the situation with our quick transformation from offline to online mode.

 

2. How is Gloster Cable playing a major role in ensuring safety of the consumers from electrical hazards? Can you share about Gloster Cable s’ products to address the situation?

 

Gloster manufactures a variety of fire-resistant cables with limited integrity in accordance with various international construction and testing standards. We provide these types of cables with Copper and Aluminium conductors, but according to existing standards, only Copper conductors are intended. We have accumulated some experience in the use of Aluminium conductor, so we can provide a flame temperature higher than the melting point of Aluminium. These cables are very important when extinguishing fires because they can ensure that the power supply is maintained for a long enough time. Help people trapped in the building in the event of a fire, check the escape signs, listen to the alarm system, ensure that the water pump, smoke vents and stair ventilation systems continue to work, and ultimately help people leave the affected building

 

3. Is there any new addition in your products’ list for the wire  cable segment?

 

We have a wide product range from 1.1 kV LT Cables to 33 kV HT Cables. We have mastered in different types of special cables like Fire Survival cable. Fire Alarm Cable, Solar Cables, Instrumentation Cables, AB Cables etc.

 

4. How are you exactly contributing to the ‘Atmanirbhar Bharat’ mission?

 

99% of our procurement of raw materials are from Indian manufacturers. Moreover to cater to the renewable energy sector like Solar Power plants in line with “Atmanirbhar Bharat” we have developed Solar Cables with our own technology which will contribute majorly to these solar plants.

 

5. How is your export business shaping up?

 

Due to the problems of Covid 19, due to travel bans and slowing development, various industries are facing many challenges in improving their export business. However, we are exploring business opportunities in

Africa, Bangladesh, Nepal and the United Arab Emirates.

 

6. How has the electrical industry evolved in India? What is the wide range of opportunities for the sector across the value chain?

 

Since India is a developing countries and lots of infrastructure plan is on way viz. JNNURM, AMRUT, IPDS, RAPDRP etc, Upgradation of existing Airport & New Airport in Class B  C class cities, High speed Road & Rail connectivity, Renovations & upgradations of Ports, Housing for all etc , Smart cities projects , As per the economist the Electrical manufacturing sector is growing at CAGR of 15 to 20 %  Keeping all the facts, there is huge potentials for the electricals manufacturing sectors.

 

7. How are government policies influencing the power energy sector? What are the policies that would be an enabler to the industry if adopted on a government and national level?

 

From the 2021-22 Union Budget, the government has allocated Rs 305,984 crore ($42 billion) in the next five years for a new, reform-based, results- oriented power distribution system. By 2022, the goal of 175 GW will be gradually achieved. It is estimated that the energy consumption in 2022 will reach 1,894.7 TWh. 100% FDI allowed in the power sector has stimulated the inflow of foreign direct investment in the sector.

According to the National Infrastructure pipeline 2019-25 projects in the energy sector account for the largest share (24%) of the total expected capital expenditure of Rs 111 Lakh Crore(US$1.4 trillion).

 

8. On the technical side, in what direction are we headed? What are we seeing with regard to technological innovation? What are the trends?

 

Technical innovations are an important aspect for consistent growth of any manufacturing industries. Quality  Safety are the two important parameters, where Gloster consistently focus and added value other the

standard technical parameter.