Emerson honoured with Market Leadership Award
Frost & Sullivan has honoured Emerson Network Power with the 2010 Market Leadership Award in the Indian UPS Segment. The Award was presented to Emerson Network Power at the "India Backup Power Industry Excellence Awards" ceremony held in Gurgaon.
The Award was given to Emerson for demonstrating outstanding achievement in improving market reach, technological innovations, customer service, strategic product development, and building strategies to sustain growth amidst fierce competition.
Receiving the award, Sandeep Nair, President & Managing Director, Emerson Network Power (India) Private Limited, said, "This award reflects the level of trust placed in Emerson by our customers over many decades. It is also a testimony to the relentless efforts put in by our people to set higher benchmarks in the industry. I am happy to find that we have stood out amidst tough competition in the face of a comprehensive criterion measuring every element of marketing success."
The Indian UPS Market has ample growth opportunities, but has become highly competitive due to the presence of several Indian and multinational suppliers. The Indian UPS market, which was affected by the global economic downturn, is recovering slowly and is expected to witness moderate growth over the next 2-3 years. The market is undergoing consolidation globally, a development which the Indian market is also witnessing. Quality products, prompt after-sales service and product availability across multiple channels across the country are the key differentiating factors among the market participants.
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