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While the first quarter of 2021-22 was also a near-washout due to the second wave of the pandemic, July-September was better and from October onwards demand is back to the 2019 level.
\"We aren't there yet (2019 sales levels), September was very close to that, maybe only 2-3 per cent down; but in October we touched the 2019 level. So if there is no third wave, we're very confident of reaching at least the 2019 volume levels, if not better it. Going by the current demand trend, I am sure we'll easily make it,\" Legrand India CEO and MD Tony Berland told PTI.
On the future of India business, he said the Internet of things<\/a> (IoT), energy efficiency, connectivity, and user interface products will drive the business here, contributing the bulk of its revenue over the next few years.
\"Currently, IoT fetches around 19 per cent of the topline and I want to take it to at least 25 per cent over the next few years. When it comes to IoT, I've a very clear roadmap ready and most of the IoT products sold here are also developed locally,\" Berland said, adding the connectivity vertical is the single largest revenue head now.
What makes him really optimistic about India is the huge scope for IoT and the large energy saving objectives. Berland also said they're investing heavily in digital infra here especially in data centres where they are getting new products to keep pests away, ensure connectivity and better user-interface.
They are also doing their bit in the electric vehicles space with charging stations and have tied up with Tata Motors<\/a>, Berland said.
\"We are very happy to be here and are very confident of making it big here--among the top three, which is our headquarters' target, because India is a very important brick of our global operations.
\"We've high confidence in the capabilities of India and in the huge untapped potential here,\" he said yet admitting that they have a long way to go.
Legrand is investing to make India a key profit centre of the group globally over the years and is making enough profits to make needed investments.
But Berland ruled out capacity addition or capex towards it saying they've ample capacity already built and pointed out the Rs 1,500 crore capex in the past three years to build capacity.
\"We aren't increasing manufacturing capacity because we already have excess capacity. Now we're adding more automation and thus investing in products and R&D and not in manufacturing capacity as our focus is more on IoT and automation. We've no issue at all with capacity as we can increase it manifold at any plant because of the way the plants are built.\"
Berland, who took over India operations in March 2019, says despite India fetching only under 5 per cent of its global revenue, the headquarters is pleased with the success so far and is keen to make it bigger and considers this market to be among the key growth pillars going forward.
\"We are also not averse to inorganic growth and are always on the lookout for the same. So far we have made five acquisitions here since our entry in 1996, the biggest being Numeric Power Systems's UPS division for around Rs 829 crore in February 2012.\"
The 6-billion-euro Legrand is a global leader in electrical & digital building infrastructure. The Limoges, France-based group has manufacturing facilities in 90 countries and its products are sold in over 180 markets. Globally, it is a leader in wiring cables and cable management.
Legrand India offers a wide range of products in energy distribution, wiring devices, home automation, structured cabling, lighting management solutions, cable management and industrial application products and is an undisputed leader in MCBs, RCDs and DBs. It has a leading position in home automation.
Headquartered in Mumbai, the company has three plants, seven training centers and two R&D centers in India and employs a little over 1,000 people.
On a visit before the pandemic, Legrand global chief executive Benoit Coquart had said they would digitalise 40 of the 100 product families sold here, such as light switches, circuit breakers, and door-entry systems.
Encouraged by the appetite for technology here with projects like smart cities, the company is also bringing its IoT-based home solutions to the country and has partnered with Google, Amazon and Samsung<\/a> for its interoperability.<\/body>","next_sibling":[{"msid":87699077,"title":"Microsoft announces Windows 11 SE, Surface Laptop SE","entity_type":"ARTICLE","link":"\/news\/microsoft-announces-windows-11-se-surface-laptop-se\/87699077","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":87702223,"entity_type":"ARTICLE","title":"Legrand to focus on IoT, automation; scouting for more acquisitions","synopsis":"The 6-billion-euro Legrand is a global leader in electrical & digital building infrastructure. The Limoges, France-based group has manufacturing facilities in 90 countries and its products are sold in over 180 markets. Globally, it is a leader in wiring cables and cable management.","titleseo":"telecomnews\/legrand-to-focus-on-iot-automation-scouting-for-more-acquisitions","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":218,"shares":0,"engagementtimems":1051000},"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2021-11-14 20:44:34","lastupd":"2021-11-14 20:46:16","breadcrumbTags":["Legrand","Industry","IoT","Internet of Things","tech news","samsung","tata motors","legrand india"],"secinfo":{"seolocation":"telecomnews\/legrand-to-focus-on-iot-automation-scouting-for-more-acquisitions"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2021-11-14" data-index="article_1">
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罗格朗专注于物联网、自动化;寻找更多的收购
欧元60亿-罗格朗是一个全球领先的电子和数字基础设施建设。里摩日,法国集团生产设备及其产品销往90个国家超过180个市场。在全球范围内,它是一个领先的连接电缆和电缆管理。
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在2021年第一季度- 22也near-washout由于第二波甲流疫情,7 - 9月是更好,从10月起需求回到2019年的水平。
“我们还没有(2019销售水平),9月非常接近,也许只有2分;但在2019年10月我们接触水平。所以如果没有第三次浪潮,我们非常有信心达到至少2019卷的水平,如果不是更好的话。将由当前的需求趋势,我相信我们会轻易让它,”罗格朗印度首席执行官和MD托尼Berland PTI说。
印度未来的业务,他说物联网(物联网),能源效率,连接,和用户界面产品将推动业务,造成大部分的收入在未来几年。
“目前,物联网获取大约19%的背线,我想把它在未来几年内至少25%。当涉及到物联网,我已经准备好了一个非常明确的路线图和这里大部分的物联网产品也在本地开发,“Berland说,连接垂直现在是最大的收入。
使他真正乐观的印度是巨大的物联网范围和大型节能目标。Berland还说他们大力投资数字下文这里特别是在数据中心让新产品驱赶害虫,确保连接和更好的用户界面。
他们也尽在电动汽车充电站和空间联系在一起了塔塔汽车(Tata Motors),Berland说。
“我们很高兴来到这里,并很有信心让它大,在前三名,这是我们总部的目标,因为印度是一个非常重要的砖我们的全球业务。
“我们高信心在印度的功能和巨大的未开发的潜力,”他说,但承认他们有很长一段路要走。
罗格朗是投资印度的主要利润中心集团多年来在全球范围内,使足够的利润进行必要的投资。
但Berland排除能力添加或资本支出对它说他们已经足够的容量和指出了1500卢比资本支出在过去的三年里建造能力。
“我们不增加生产能力,因为我们已经产能过剩。现在我们添加更多的自动化,因此投资产品和研发制造能力作为我们更关注物联网和自动化。我们没有问题,我们可以增加容量歧管在任何植物,因为植物构建的方式。”
Berland接管印度操作在2019年3月,说尽管印度抓取只有在其全球收入的5%,总部对到目前为止的成功非常满意和渴望越来越认为这个市场是经济增长的关键支柱。
“我们也不反对无机增长和总是在寻找一样的。到目前为止,我们已经进行了五个收购这里因为我们进入1996年,最大的数字电力系统的UPS部门2012年2月829卢比。”
欧元60亿-罗格朗是一个全球领先的电子和数字基础设施建设。里摩日,法国集团生产设备及其产品销往90个国家超过180个市场。在全球范围内,它是一个领先的连接电缆和电缆管理。
罗格朗印度提供了一个广泛的产品在能量分布,连接设备,家庭自动化、结构化布线、照明管理解决方案,电缆管理和工业应用产品和是一个无可争议的领袖mbcs, rcd和星展。它的领先地位在家庭自动化。
总部位于孟买,公司有三个工厂,七个培训中心和两个研发中心在印度和雇佣了超过1000人。
访问大流行之前,罗格朗全球首席执行官Benoit Coquart曾表示,他们将数字化40家庭出售的100产品,如电灯开关,断路器,door-entry系统。
鼓励对技术在智能城市项目,该公司还将其IoT-based家里解决这个国家,并与谷歌合作,亚马逊和三星的互操作性。
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