Our company is growing approximately 20% every year: Alok Kumar, Salasar Techno Engineering

Talking to ET Now, Alok Kumar, Chairman & MD, Salasar Techno Engineering, says the company has huge expectation from the government in mainly solar powers, solar parks and transmission line towers expects to grab railway electrification orders too.

Edited excerpts:


For companies like yours, it is not enough to have only economies of scale but your success story has certainly been phenomenonal in the recent past. What has aided you and what did you as a company do differently?

Honestly, we are giving quality products and delivery on time. Our company is growing approximately 20% every year. That is the main reason. If you have got orders, you deliver in time. You get next orders.

You recently doubled your annual manufacturing and fabrication capacity. Any more plans of scaling up going ahead?

This time it can be achieved in two to three years, then we will think about it and see if any particular position comes, then we can go ahead with expansion.

Are you operating at 100% capacity and if not by when do you think will you reach there?

We have enhanced the capacity three-four months back. It will take two-three years to achieve the full capacity.

You also have high exposure to the power and telecom space. While the government is throwing up opportunities, the two sectors are laden with debt and other problems. Is that a matter of worry for you?

No, we have no problem because we are working for the Power Grid. There is a huge expectation from the government. They are giving chances to powers, mainly solar powers, solar parks, so we are targeting on solar power and transmission line towers and another factor is the railway electrification.

Currently what is the contribution from your solar power projects?

It is approximately 25% of the solar power.

You are also working on EPC turnkey projects in Madhya Pradesh and Rajasthan. Any more projects in other areas?

We have a Rs 41-crore order from Himachal government. Other orders are from UP at present.

And what is the targeted order book by the end of this fiscal year that you are looking at?

It is maybe Rs 450 crore plus. How much it can be, depends on the future government policies and other factors also.