Nowadays, earthquake warning instruments are widely used in high-rise buildings, dam, power projects, and bridges. The Government of India has made it mandatory to install such earthquake warning systems to be installed in all high-rise buildings, dams and bridges to protect human life.
Pinnacle is offering some products in the Indian market such as earthquake monitoring instrument, ground penetrating radar system, and earthquake early warning and on-site warning system.
Targeting developers
The company has aggressively marketed its products in India for the last 20 years and has a good presence in the segment. The firm is targeting construction companies and developers, as there is a lot of scope for growth in the segment.
Opportunities
There are plenty of opportunities because the growth rate in India for infrastructure is going to be very strong and it has just begun. The company is working very closely with several projects, but the process of procurement is slow and to maintain the system is equally important in these segments.
Future plans
Right now Pinnacle is importing all the instruments because the demand is low. But if the demand is more in these segments, we can start manufacturing in India under ‘Make in India’ initiative, which would enable competitive pricing.
Authored by:
Vinod Kumar Tamar,
Managing Director,
Pinnacle Geosystems
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