Interview with Mr. Luigino Pozzo, President of PMP IndustriesPages 320-323. Please read on or download the pdf version. |
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1. Please give an overview of PMP Drive System operations’ in India. What prompted PMP Industries Spa to set up its unit in the Indian sub continent? PMP has been active in the Indian Market since 2003. At that time we started to supply important companies in the construction machinery business. Ever since the first contact with customers in 2003, we understood the great potential of this market for the coming years, a market that is bound to play a key role in global economy of the 21st century. PMP philosophy has always been to follow closely its customers and markets, hence the decision to come to India not only as a sales and service unit but also with a production unit was very natural. PMP presence in India is part of our global plan which has seen in the last 5 years the opening of new subsidiaries in Eastern Europe (Bosnia Herzegovina), China and the USA.
2. A word about PMP Industries Spa and its business focus on enhancing efficiency and durability of PMP products.
PMP products are well know all around the world for efficiency and durability. We gained this positive reputation thanks to our commitment to innovation and quality in all the aspects of the production process. How do we achieved innovation? With continuous investment in research, for instance this year we have invested more than 4.5% of our total turnover in research and development and we have a target to increase this value in the coming years. We have a strong group of R&D engineers in our company, which continuously analyze and test new ideas and new solutions. We also work with local Universities in Italy and also with research groups in the US. R&D for us means also a lot of testing activity, in order to immediately understand if the proposed solutions can withstand real working conditions.
3. What are PMP Drive System’s important business area, product line and their application areas?
PMP Industries is a group made up of different divisions: Power Transmission Division, Fluid Power Division, and other two division focused on Steel Works products.
4. Having tested waters in the Indian market; what has been the response of the industry for the company’s product range marketed in India? PMP is selling its products in India since 2003. Since then there has been a very steady and stable growth which will strengthen in the following years. What we have noticed in these years is the high professionalism of Indian companies, which are more and more focused on achieving the latest technology and quality. Hence India is an ideal market for PMP products, where quality and technology are key points. Also we feel that Indian companies are more and more appreciating innovation. The new solutions proposed by PMP have found a big appreciation among Indian customers.
5. Currently your company is serving Indian market through local sales and inventory; do you foresee that in the near future you would be in a position to set up manufacturing facilities in India to strengthen your presence in the country? Of course. Our current plan is to start the assembly of our Drives in India in the middle of next year. Our present investment includes not only a Sales and After Sales unit, which is already in operation, but also a production unit which will be ready at the beginning of 2012. Future developments will of course depend on the market situation, but we see only positive signs now from that point of view.
6. A word about your marketing and distribution network in India. Our Indian headquarters are based in Pune but our customers are spread all over India. The main areas for our business are Maharastra, Tamil Nadu, Gujarat and Delhi Region. With our well-stocked warehouse for both finished products and spare parts, we can guarantee rapid deliveries all over the country.
7. What is the size of market for your products and services in India, market share you command and plans to capture in the next 2-3 years? What is the USP of your product and services, giving you an edge over your nearest competitors?
We expect a 30% annual increase of sales over the next 3 years and we expect to be market leader in our sector by 2013.
8. A word about the technical support services being provided to the clients in India. PMP is well known around the world for its fast response to customers’ requests, whether this means technical support, technical information, creative solutions but also after sales support, like spare parts availability. PMP India is following the same philosophy.
9. What is the focus of your participation in Excon-2011 and products are you going to display at the event?
There will be two main themes at our stand. The first will be focused on our new innovative PMB6EC drive for concrete mixer, which sets a new standard in the technology of concrete mixer drive. This new innovative solution from PMP is a freshly patented breakthrough in this business, which allows huge weight and cost savings. This new mixer drive will be presented at EXCON as a world premiere. |
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