Energetica India Magazine: september 2020

KN Sreevatsa Country Managing Director, FIMER (India) “EV policy for India must be tailor-made to India’s particular needs.” Tell Energetica India readers about FIMER and its manu- facturing and R&D facility in India. Is this truly a Make in In- dia initiative? Does FIMER export as well from this facility? KN S reevatsa : FIMER Group is a 78+ years old company with technology engineered in Europe and with a strong portfolio in solar inverters and E-mobility solutions. A global player with presence across 25+ countries, it is having R&D and man- ufacturing facilities in Bengaluru, India and Italy and having over 46GW+ of inverter installations worldwide. FIMER has 3 research centers, with one such R&D facility be- ing situated at Bengaluru, India. The company’s commitment to highest product reliability across a 25+ year plant lifetime is ensured by it’s strong investment into R&D with over 200 employees working at a global level and over a dozen strong R&D professionals in India. FIMER is operational in India since 2010. Its factory in Banga- lore is the largest supplier of locally manufactured solar invert- ers in India, with an annual production capacity of more than The integration of ABB’s solar inverter business is a decisive step forward in our strategy. With this transaction, we expanded our solutions portfolio and achieved an even more distinctive market positioning. With the acquisition of ABB’s solar inverter business, FIMER becomes the 4th largest solar inverter supplier in the world with the widest range of solutions available, says KN Sreevatsa , Country Managing Director, FIMER (India), in an exclusive conversation with Manu Tayal , Asso- ciate Editor, Energetica India. Sreevatsa discussed about FIMER’s business strategy on ABB solar business acquisition, it’s Made in India products’ specialty, expectation on EV Policy in India etc. 16 energetica INDIA- September_2020 INTERVIEW