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The 5 trillion economy can be realized if the consumption pattern increases.

By | October 23, 2019 5:47 am SHARE

The 5 trillion economy can be realized if the consumption pattern increases.
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The Indian economy gives us a huge opportunity and space for us to grow in different sectors. Currently only the Industrial sector is well aware of the importance of insulation and is taking full advantage of the technology to strengthen their value chain.

What is your strategy to expand business for your existing range of offerings in the insulation domain?
It is has been found that it is comparatively easier to make the industrial sector clients understand the importance of the technology and services, than to the larger audience who belong to other sectors.

Thus all our efforts are towards spreading awareness about the advantages and importance of the product across all sectors and all consumers’. The aim here being to realize that the service and products is not just for industrial or luxury consumption. We look to add value to a wide audience, from a tea stall – to a religious place – to the poultry industry – to industrial/FMCG warehouses.

What are your current product offerings?
Alutix Insulations has been established with an aim to be the country’s leading manufacturer of the Aluminium Air Bubble Insulation, which is also known as Thermal Reflective Insulation. Reflective insulation is an insulating and energy conserving product that adds an air cushion, usually in the form of plastic bubble material, between layers of aluminium foil to improve the insulating value or R-value of what would otherwise be a simple radiant barrier.

The insulation industry caters to domestic, commercial and industrial applications which segment offers you maximum business?
Alutix has seen to benefit a lot from industrial/ ecommerce sectors.
The Indian economy gives us a huge opportunity and space for us to grow in different sectors. Currently only the Industrial sector is well aware of the importance of insulation and is taking full advantage of the technology to strengthen their value chain.

A well-known fact, the industrial sector is a small population. Thus with regards to space, Alutix forsees to spread itself into the lives of the e-commerce, domestic and agricultural sectors

In the midst of an economic slowdown what is your expectation from the Indian market, what is your expectation from the industry bodies and policy makers to capitalise the present market?
The policy makers should provide a stable policy which favours economic growth in the long run and encourages people like us along with our foreign investors to deploy more funds in India for the growth of the industry along with infrastructure, infrastructure in terms of land transport, port facilities. An added advantage which I think would help the nation is its’ strengthening of logistic services.

Some of the above are initiatives that would make our country competitive in local as well as the international market.

The Indian government has an ambitious goal of becoming a $5 trillion economy by 2024, how feasible is it and what role will Alutix play in this entire gambit?
The 5 trillion economy can be realized if the consumption pattern increases. And also like I mentioned earlier it will also be associated with growth of infrastructure and logistics. This in turn give rise to an increase in warehousing industry and lead to an increase in demand of our
products.
Abhinandan Jain, Managing Partner, Alutix Insulations

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