Salzer is backward integrated out of Coimbatore.
They have been manufacturing crucial electrical components for Smart Meters (Coimbatore). And in Feb they announced that it is establishing a Smart Meter manufacturing Business in Coimbatore.
Annual Production Capacity :
4 million smart energy meters
(Which will increase to 10 million in Phase 2)
TAM
India : 250 million units initially potential to increase to 350 million during next 3Y
Scheme : Revamped Distribution Sector Scheme (RDSS) by GOI
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