— Rohit J. Shah, Director – Industrial Operations, Pakona Engineers (I) Pvt. Ltd
Pakona Engineers (I) Pvt. Ltd is a manufacturer of vertical cast pipe machines. Rohit J. Shah, in an email interaction with Sandeep Menezes, talks about the prospects for the pipe and pipeline industry in the wake of new schemes announced by the government. He expects demand to come from drainage and water supply systems and other industrial sectors.
Last year, you mentioned that the industry would witness higher growth levels after the elections. How optimistic are you growth now?
We are definitely optimistic about growth in our industry because of new projects launched by Prime Minister Modi, such as Swachch Bharat Abhiyan, wherein he has stated that by end of this decade every household should have a toilet. This means increase in pipes and pipeline work for drainage and water supply system. So, definitely, demand for our machines will also increase.
Going forward, what are main growth drivers for the industry?
The main demand drivers will be improvement in drainage and water supply system along with growth in industrial sectors.
Pakona’s first machine had almost 60 per cent imported components but today 95 per cent components are locally manufactured.
Localisation has benefited us, as now we can save a lot of time in procuring these components which ensures quick service to our customers.
What are your thoughts on the ‘Make in India’ policy?
‘Make in India’ will not only increase industrialisation in India, but also localisation and generate employment opportunities. It will definitely be time and cost effective.
You said last year that Pakona would witness minimum growth of 50 per cent. Do you still feel the same way?
Pakona has witnessed growth above 50 per cent this year and hopefully manifold next year.
What is the status of the Rs. 5-crore brownfield capacity expansion at your Vadodara site in Gujarat?
We have added a 10,000 sq.ft workshop building with high tech equipments to manufacture components. The project was completed this year.
Does Pakona have plans to launch any new products?
Last year, we promoted Manhole which was displayed at Excon. This year we are introducing HDPE lining pipes and Jacking