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Interview with Insights Success Soul Talk with a Pure Soul . According to you what is the current healthcare industry scenario? (Water Purifier Industry) It was the late 90s when KENT RO started its voyage, and there was no such industry existed in India by the name of WATER PURIFIERS. A handful brands were trying their fate in this sector by selling very conventional purifiers through the door to door marketing. Who would have thought that in a couple of years, Indian water purifier industry will become one of the most lucrative sectors for national and international consumer durable brands to peep in and have a pie of over 3500 crore industry. Q The journey of Indian water purifier industry started with the genesis of brand Kent RO. A brainchild of an IITian Dr. Mahesh Gupta who left his well-paid job to start making water purifiers in India. If today one is able to have access to RO water purifiers equipped with multiple purification techniques, then that has been made possible only by Dr. Mahesh Gupta who designed RO water purifier with the combination of 3 technologies to make it suitable for treating every type of water irrespective of source. Q. How big is the scope of purification products in the industry? The market for water purifiers today has seen a remarkable growth globally amid the acute shortage of clean drinking water that is posing a big challenge to many countries. Given the increasing awareness and largely untapped market potential, the sector is growing at a CAGR of more than 24 percent. The industry is projected to hit sales of nearly 2.48 million units in the next two years. According to Techsci report, RO water purifier is the largest segment accounting for 42 percent of the market in 2011, while offline water purifiers contributed for about 20 percent of the market. However, by 2017, offline water purifier segment is expected to grow at a very rapid pace and increase its share to about 38 percent of the total market and is a key focus area for water purifier manufacturers, due to the large target customer base it offers, is expected to continue its rapid growth. Today, as pioneers of the mineral RO Technology, Kent RO has captured 40% market share and has changed the paradigm in a market which was dominated by ultra-violet (UV) systems. The company has set a great distribution network, putting Kent products at all retail outlets like Big Bazar and good white stores across the country and now also easily available on the web. The company is also exporting to Sri Lanka, Nepal and Bangladesh and the Middle East. Company’s export turnover is around Rs 25 crore and will be targeting at Rs 50 crore exports in the next two years. Kent RO is also working on newer products with health and purification as the base. The firm is looking to grow in segments such as Car Air Purifiers, Air Purifiers, Bed Cleaners, Cold Pressed Juicers, Fruit & Vegetable Purifiers, Gravity Water Purifiers and Water Softeners. Manufacturing of each and every product has been done here, including the R&D, and we hold patents on all products. Q. Healthy Body Leeds to a Healthy soul, how do you promote that? Kent is working from day one on a mission Drink Pure, East Pure and Breathe Pure. Hence, each and every product of Kent RO is designed and sold to fulfill these three objectives. 20 |December 2017 |