About Vdeal System Limited

Vdeal System Ltd. is the complete solution provider in the field of Electrical Panels, Industrial Automation, Process Instrumentation & Industrial IoT (I-4). They have more than 20 years of experience in providing automation solutions to many valued customers in India. They are specialized in turning customer problems to effective solutions by engineering and integrating systems.

They are also Premium System Integrator and have been ranked the best system integrator for Eastern region by various MNC & Customers. With our professional experience and expertise, we take pride in providing outstanding services to their clients with a customer & future oriented approach.

The Company is a growing Integrated Electrical and Automation solution provider dealing in comprehensive electrical solutions across industries with significant presence in multiple Industry segments. Their products are supplied to industry players through a business-to-business (B2B) model. Company is also fueling the next wave of AI (Artificial Intelligence) and ML (Machine Learning)-driven innovation solution that can integrate IOT (Internet of things), AI and ML into a Cloud based Software as a Service (SaaS) Model. Over the past few years, IoT has become one of the most important technologies of the 21st century through which everyday objects like kitchen appliances, cars, thermostats, baby monitors can be connected to the internet via embedded devices. Hence, by providing IoT solutions, their Company aims to integrate seamless communication between people, processes, and things.

INTEGRATED ELECTRICAL AND AUTOMATION INDUSTRY IN INDIA
i. India’s industrial automation and instrumentation market size is expected to grow by USD 2.58 billion during 2020-2024. 
ii. It is expected to post a year-over-year growth rate of 9.38%. 
iii. The automation market is segmented into three automation types: process automation, factory automation, and electric automation. 
iv. Power, oil & gas, and automotive industries are at the forefront of the adoption of different automation technologies. 
v. The pandemic has accelerated demand for automation across sectors, which will greatly transform how companies in India do business.

The market size of industrial automation in India is anticipated to expand significantly, driven by advancements in technologies such as the Industrial Internet of Things and Industry 4.0. These technologies are central to the evolution and management of smart factory automation, where machinery and devices are interconnected via the internet. The adoption of automated equipment is also expected to grow in the healthcare industry due to the expansion of manufacturing sectors. However, the high installation and acquisition costs of automation systems, as well as frequent changes in technology, are factors that may hinder the growth of this market. Furthermore, the COVID-19 pandemic and the associated lockdown restrictions have posed significant challenges to industrial activities, such as labor shortages and supply chain disruptions, which could impact the market's expansion.

The India - electrical equipment market is projected to reach a value of USD 52.98 billion at a CAGR of 11.68% between 2022 and 2027. The India electrical equipment market is experiencing significant growth due to rapid urbanization and infrastructural development. The market includes various segments such as power distribution equipment, transmission equipment, and generation equipment. India's government initiatives like Make in India have encouraged domestic manufacturing and boosted the electrical equipment sector.

With 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. The renewable energy sector is driving the demand for electrical equipment in India, particularly in solar and wind power generation. Increasing investment in smart grid infrastructure has created opportunities for advanced electrical equipment in India. The demand for solar panels in the market is expected to grow at a rapid rate.

The Future of Internet of Things in India
Given the huge unsaturated market for the automotive industry, industrial manufacturing, healthcare, etc., and with favorable policy changes by the Indian government in the past couple of years, India is deemed to become the global industrial hub. With 1.4 billion strong consumers, consumer IoT, automotive IoT, and healthcare IoT are also bound to grow strong in upcoming years. By 2028, the Indian IoT market is expected to reach 59.99 billion USD, of which 21.78 billion USD would account for industrial IoT and 21.26 billion USD for automotive IoT. The consumer IoT is also expected to reach 5.55 billion USD. 

The Internet of Things is one of the prominent industry 4.0 technologies, driving manufacturing supply chain and retail businesses globally and that is why the IoT market is witnessing a CAGR of over 16% over a period of 10 years (2018-2028). With the global semiconductor shortage slowing down the market supply chain and growth (pre-pandemic levels), the IoT demand in industry, security, and smart city projects is still on the rise. With more Indians adopting a tech-savvy lifestyle including smart homes, wearables, smart travel, etc., IoT is unstoppable.

To conclude, the Internet of Things market in India is witnessing a rapid growth rate, CAGR of 17.05% between 2023-2028 which is more than the global IoT CAGR of 16%. Indians are tech savvy and with the world’s largest country by population, mostly young, India is the best bet in IoT developments and IoT-led industrial, medical, supply chain and manufacturing, retail, and smart city development and IoT promotions as well.

VDEAL SYSTEM LIMITED STRENGTHS
1. Experienced Management Team and Robust In-House Technical Expertise
2. Tailoring or Customization of Products to Meet Unique Customer Needs
3. Best practices for Efficient Operational efficiency and Supply Chain Management
4. Location advantage and Competitive Pricing
5. Nurturing a Strong Brand Reputation
6. Quality Control and safety Commitment
7. Well Strategized Growth Plan

VDEAL SYSTEM LIMITED STRATEGIES
1. Increase scope of offering and entering new emerging segments
2. Continued focus on post sales services and customer centric approach
3. Invest in Infrastructure and Technology
4. Entry into New Geographies and Verticals
5. Effective Marketing Methods

VDEAL SYSTEM LIMITED RISK FACTORS & CONCERNS
1. They are dependent on their Top 10 suppliers for uninterrupted supply of Raw-Materials.
2. They are dependent on third party transportation providers for the delivery of their raw material and products.
3. Significant portion of their revenue has been generated from Eastern part of India, any loss of business from these states may adversely affect their revenues and profitability.
4. The business is substantially dependent on their design and engineering teams to accurately carryout the estimates and engineering studies for potential orders.
5. Global Shortage in chip supply could have adverse effects their manufacturing process.