Indosup Expands into Southern India, Eyes Rs 100 Cr Clean Energy Projects

19 September,2024 03:18 PM IST |  Mumbai  | 

Indosup


Indosup, a prominent player in the construction materials procurement industry, is making substantial progress with its strategic expansion into Southern India. The company recently opened a new office in Mumbai, marking a significant milestone as it ventures into the southern market. This move is aimed at enhancing its service delivery across major southern cities, including Chennai and Bangalore.

The establishment of the Mumbai office is part of Indosup's broader strategy to penetrate the rapidly growing southern market. "Our expansion into the southern market is crucial for Indosup as we aim to better serve our clients in this region," stated Ashmit Sharma, the Founder of Indosup. "The Mumbai office will function as our operational hub for the south, ensuring that we can support large-scale projects with the efficiency and reliability that our clients expect."

Focus on Clean Energy Initiatives
In addition to its geographic expansion, Indosup is making notable strides in the clean energy sector. The company is actively working on an ambitious pipeline of solar energy projects worth over ₹100 crore. These projects are spread across key locations such as Mundra, Chennai, Rajasthan, and Bangalore, underscoring Indosup's commitment to sustainable development and its growing influence in the renewable energy sector.

"We have over ₹100 crore worth of projects in the pipeline, and we are enthusiastic about the potential impact these projects will have on advancing clean energy initiatives in India," Sharma added. "Sustainability is central to our growth strategy, and we are dedicated to playing a significant role in the country's renewable energy transition."

Collaboration with Dual Fuel OEM
In alignment with the Indian government's recent directive to phase out diesel gensets, Indosup has entered into a partnership with a leading Dual Fuel Original Equipment Manufacturer (OEM). This collaboration aims to offer advanced Dual Fuel Kits that help clients meet new environmental regulations while maintaining operational efficiency. The initiative highlights Indosup's proactive approach to addressing emerging market needs and environmental concerns.

Venturing into Solar Panel Manufacturing
Indosup is further expanding its offerings in the solar energy sector by venturing into the manufacturing of aluminum profiling for solar panels. This new product line is designed to support leading solar panel manufacturers by providing high-quality, durable components that improve the efficiency and longevity of solar installations. This move not only strengthens Indosup's position in the renewable energy market but also reinforces its commitment to innovation and sustainability.

With its strategic expansion into Southern India and its focused efforts in clean energy projects, Indosup is poised to set new standards in the construction procurement industry. The company's unwavering commitment to growth and sustainability underscores its role as a leading player in India's evolving infrastructure landscape. As Indosup continues to expand and innovate, it is clear that the company is well-positioned to contribute significantly to the country's renewable energy goals and the broader construction industry.

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