Amit Bhatnagar, the Managing Director of Vadodara-based Diamond Power Infrastructure Ltd (Dicabs) is at the helm of the company, scaling it to greater heights. The thought-leader has been inspiring people with innovations that he has bought to his business. With the success of Dicabs, an integrated manufacturer of power transmission equipment, Bhatnagar has shown how to replicate success.
He is bold, and occasionally leapfrogs the competitors by grabbing a bigger market share. While the company may not have always been harbingered as a chart-buster, its success, over the years, is a result of a great vision, and setting the bar a little higher.
The last two years were indeed the most testing time for the power equipment manufacturing company. Back in 2015, the market adversities were greater than expected. The sluggish Indian economy, which was striving to revive, showed positive signs, but lacked momentum.
However, having established an integrated business model, featuring scale, diverse products and flexible production capability, Amit Bhatnagar and his team were able to avert major setbacks, emerging from economic and business stall.
“Rather than sulking about the market downturn, we used it to strengthen our processes, and businesses. We are positive that the impact of these practices will surface with the looming upturn in the economy in the coming months,” says Bhatnagar.
Initiatives by the Prime Minister Shri Narendra Modi include programs like Make in India, Digital India and Smart Cities. Establishing efficient power infrastructure solutions will be among the primary investments agenda of the company.
“Having taken over the reins of a fledging economy, Shri Narendrabhai Modi has been persistent to try new initiatives, garner public awareness and push his vision for sustained development across the country and relevant international platforms,” adds Amit Bhatnagar.
Dicabs is a well-integrated company, with business cartels across the world. The quality policy and proclivity for offering top-notch engineered products in the global market has helped the company to overcome the wave of economical distress in the market.
Dicabs has come out much stronger since the last few years and the turnaround is visible in the first quarter of 2018-19. Although, the vision of the Indian government to pervade a double-digit growth has taken off, but still it is taking some time to gain strong momentum. Energy, being at the core of any economic activity or program, will be among the primary sectors to invigorate.
Having built a strong product line and reputation as a one stop shop, Diamond Power Infrastructure has been achieving new milestones and providing better solutions. The company remains committed to the vision of MD Amit Bhatnagar, who believes that tough times never last; tough people do.