BPE unveils future plans: New investments outlines new phased strategy for 2024

Home
Industry News
BPE unveils future plans: New investments outlines new phased strategy for 2024

BPE unveils future plans: New investments outlines new phased strategy for 2024

Industry News
Feb 06,24

The company aims to continue its commitment to innovation, sustainability, and global expansion to meet aggressive goals set for 2025.

BPE unveils future plans: New investments outlines new phased strategy for 2024

Best Power Equipments (BPE), a leading Indian multinational manufacturer, has announced its strategic plans, including significant investments and expansion initiatives in Orissa. This substantial investment marks a bold step towards expanding operations and contributing to the growth of the region. The company aims to continue its commitment to innovation, sustainability, and global expansion to meet aggressive goals set for 2025.

Furthermore, the Odisha government has sanctioned a 3-acre plot where BPE will make a multimillion-dollar investment to establish a factory near Bhubaneswar in the next three years. This initiative aims to enhance skill development and create employment opportunities.

BPE currently operates from six manufacturing units in Noida and Greater Noida. In this establishment, the company is set to focus on the production of Uninterruptible Power Supplies (UPS) and lithium batteries, further diversifying its product portfolio to meet the growing demands of the market.

BPE recently hosted the VISION 25 Meet in Goa, shedding light on their new product lines, such as Modular UPS and rack-mount UPS with lithium-ion batteries. Looking ahead to the 2025 plan, BPE has outlined its actions, including a product launch in the Philippines, Manila, and participation in the Middle East Energy 2024 event.

Prior to VISION 25, BPE participated in key events like the Southeast Asia Conference and Exhibition, Retail Partner Conclave, and was recognised as the Most Efficient UPS Solution Brand by NCN Magazine. These engagements provided the company with industry knowledge and sustainability.

Sushil Virmani, the Managing Director of Best Power Equipment's India Private Limited (BPE), shared his insights, stating, 'We are focusing on emerging trends and technologies, addressing challenges in the rapidly growing power solutions and lithium-ion batteries sector, particularly in high-demand segments such as healthcare manufacturing and data centers. Additionally, we are strategising expansion plans for the upcoming years, demonstrating BPE's commitment to exploring new markets and introducing cutting-edge products. We are enthusiastic about the promising opportunities on the horizon and have confidence in our ability to make a positive impact on the industry.'

'BPE's 2023 participations, including the Southeast Asia Conference and Exhibition on Smart ICT: Innovation and Sustainability, the Retail Partner Conclave 23, the BPE Nrgx launching event, and being awarded as the Most Efficient UPS Solution Brand by NCN Magazine Editor's Choice,' he added.