How important it is to have strong R&D capabilities? Tell us about your company's R&D capabilities.
We believe that our research and development capabilities have enabled us to keep abreast of technological developments in the electric equipment industry. We have a strong focus on consistently upgrading the technology that is used in our products and the processes used in manufacturing thereof, through our continuing research and development efforts. We have established two in-house R&D centres, one each at Kundli (Haryana) and Gurgaon (Haryana). Our research and development efforts include design and development of all types of energy metering solutions, including interactive communication between metering devices and metering infrastructure that includes automatic meter reading (AMR) and advanced metering infrastructure (AMI), prepayment metering solutions, solar net metering solutions, smart meters with two way communication and a complete range DLMS compliant meters, amongst others, and technologies and solutions that allow for active monitoring of energy consumption for electric equipment. For instance, we have developed a street lighting system that helps in saving manpower through automatic settings for sunset and sunrise timings and remote energy metering and dimming of such lights during off-peak hours to save energy.
We also operate two tool rooms at Gurgaon and Kundli within our R&D Centres where we have in-house component designing and tool designing facilities. As on December 31, 2015, we employed over 105 engineers at our R&D Centres, with a dedicated team of engineers to manage our ToolRooms. Our Tool Rooms are used for making rapid prototypes, followed by tools that are used to ensure efficient moulding. The data for our Tool Rooms is generated using CAD software and CNC machines that assist in maintaining accuracy of the tools produced therein. We believe that our Tool Rooms allow us to easily adapt to changes in technology or modified specifications given by Power Utilities and/or institutional customers.
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