Interview with CNBC: Rajesh Ahuja on ₹ 100 crore Funding

Interview with CNBC: Rajesh Ahuja on ₹ 100 crore Funding

Economy Process Solutions Secures ₹100 Crores in Series A Funding

In a significant milestone for the industrial processing sector, Economy Process Solutions has successfully raised ₹100 crores in Series A funding. Rajesh Ahuja, the company’s Managing Director, shared insights in an exclusive interview with CNBC about the strategic vision behind this financial boost and its implications for the company’s future growth.

Strategic Allocation of Funds

Ahuja emphasized that the newly secured capital will be strategically allocated across multiple areas to enhance the company’s operational efficiency and market competitiveness. A major portion of the funds will be directed toward research and development (R&D), enabling the company to stay at the forefront of technological advancements in vacuum and process solutions. Additionally, investments will be made in automation and digital transformation, ensuring seamless integration of smart technologies into manufacturing processes.

Furthermore, a part of the funding will be used to strengthen supply chain logistics, ensuring uninterrupted production cycles and timely delivery to clients. The company also aims to enhance its workforce capabilities by investing in training and skill development programs to empower employees with the latest industry knowledge.

Global Expansion Plans

With a stronghold in the domestic market, Economy Process Solutions is now setting its sights on international expansion. The funding will play a crucial role in establishing a presence in key global markets, including North America, Europe, and the Middle East.

Ahuja highlighted the increasing global demand for advanced vacuum and process solutions, particularly in industries such as pharmaceuticals, chemicals, and electronics. The company plans to set up sales and service offices in these regions to provide localized support and expand its client base. Additionally, strategic partnerships and collaborations with international firms are being explored to facilitate smoother market entry and product distribution.

Diversification into the FnB Sector

One of the most exciting aspects of Economy Process Solutions’ future plans is its diversification into the food and beverage (FnB) sector. Recognizing the growing need for high-efficiency processing solutions in food production, the company aims to introduce innovative vacuum and filtration systems tailored for the industry.

Ahuja explained that the investment in the FnB sector aligns with the company’s long-term vision of catering to a diverse range of industries. With stringent food safety and quality standards worldwide, Economy Process Solutions is focused on developing cutting-edge technology that enhances production efficiency while maintaining compliance with global regulations.

Manufacturing Capabilities and Future Prospects

To support its ambitious growth plans, the company is also scaling up its manufacturing capabilities. A portion of the funding will be allocated to expanding existing facilities and establishing new production units equipped with state-of-the-art machinery. By increasing production capacity, the company aims to meet the rising demand for its products while maintaining cost-effectiveness and quality.

Looking ahead, Economy Process Solutions envisions itself as a leader in industrial processing technology, with a commitment to sustainability and innovation. The company is actively working on eco-friendly solutions, such as energy-efficient vacuum pumps and waste-reduction systems, to contribute to a greener industrial ecosystem.

Conclusion

The ₹100 crore funding marks a transformative phase for Economy Process Solutions, positioning the company for significant growth and diversification. With a well-structured plan for fund utilization, global expansion, and entry into the FnB sector, the company is set to solidify its leadership in the industry. As Rajesh Ahuja confidently stated, “This investment is not just about growth; it’s about reshaping the future of industrial processing.”

The next few years will be crucial in determining the company’s trajectory, and all eyes are on Economy Process Solutions as it embarks on this exciting journey of expansion and innovation.