Insights Success The 10 Most Admired Medical Device Companies in De | Page 22
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.
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|December 2017 |