Interview with CNBC: Rajesh Ahuja on ₹ 100 crore Funding

Economy Process Solutions Secures ₹100 Crores in Series A Funding

In a recent interview with CNBC, Rajesh Ahuja, CEO of Economy Process Solutions, shared insights into the company’s latest milestone—securing ₹100 crore in Series A funding. The investment, led by prominent venture capital firms, marks a significant step in the company’s growth trajectory. With a strong reputation in vacuum and process solutions, Economy Process Solutions aims to utilize this capital infusion to fuel its expansion and diversification plans.

Ahuja expressed his enthusiasm for the investment, stating, “This funding is a testament to our commitment to innovation and excellence. We are grateful for the trust our investors have placed in us, and we are excited about the opportunities that lie ahead.”

Strategic Allocation of Funds

The company has outlined a strategic plan for deploying the newly acquired funds to enhance its operations and market presence. A significant portion of the funding will be directed towards research and development, enabling the company to innovate and refine its product offerings.

Additionally, Economy Process Solutions plans to bolster its sales and marketing efforts to strengthen its brand presence in both domestic and international markets. Investments will also be made in talent acquisition, ensuring that the company attracts top industry professionals to drive its vision forward.

“Our goal is to maintain our leadership position by investing in advanced technology and expanding our capabilities. We are committed to delivering high-quality solutions that cater to the evolving needs of our clients,” Ahuja emphasized.

Global Expansion Plans

Economy Process Solutions has been steadily increasing its footprint across multiple geographies, and this funding round is expected to accelerate its global expansion efforts. The company aims to establish a stronger presence in key international markets, including Europe, the Middle East, and Southeast Asia.

“We are seeing a growing demand for our solutions globally. With this investment, we will be able to scale our operations and enter new markets with confidence,” said Ahuja.

To support this expansion, the company plans to set up regional offices and forge strategic partnerships with distributors and industry players in target markets. This approach will help Economy Process Solutions provide localized support and tailor its solutions to meet the specific requirements of different regions.

Diversification into the FnB Sector

In a strategic move, Economy Process Solutions is set to diversify into the food and beverage (FnB) sector, recognizing the industry’s increasing reliance on advanced vacuum and filtration technologies. The company aims to leverage its expertise in process solutions to cater to the growing demand for efficient and sustainable manufacturing processes in the food industry.

Ahuja highlighted the potential in the sector, stating, “The food and beverage industry presents an exciting opportunity for us. With our technological expertise, we are well-positioned to provide solutions that enhance efficiency, quality, and sustainability in food production.”

The company plans to develop specialized products tailored for food processing applications, including dairy, beverage production, and packaging solutions. This diversification is expected to open new revenue streams and solidify Economy Process Solutions’ position as a multi-industry solutions provider.

Manufacturing Capabilities and Future Prospects

A key focus area for Economy Process Solutions is strengthening its manufacturing capabilities to meet increasing demand. The company plans to invest in upgrading its production facilities and adopting automation technologies to improve efficiency and scalability.

With the addition of new manufacturing units and enhancements in existing facilities, the company aims to reduce lead times and optimize production costs. “We are committed to ensuring that our customers receive the best quality products with timely delivery. Strengthening our manufacturing base is a crucial step in that direction,” Ahuja noted.

Looking ahead, the company is exploring further innovations in vacuum and process solutions, with a strong emphasis on sustainability. The investment in research and development will enable Economy Process Solutions to stay ahead of industry trends and introduce cutting-edge products that align with environmental and regulatory standards.

Conclusion

The ₹100 crore funding marks a new chapter for Economy Process Solutions, providing the financial foundation for its ambitious growth plans. With a clear strategy in place, the company is set to expand its global presence, diversify into new sectors, and enhance its manufacturing capabilities.

As Rajesh Ahuja aptly puts it, “This is just the beginning. With the support of our investors and the dedication of our team, we are poised to achieve new heights and redefine process solutions across industries.”

Economy Process Solutions continues to position itself as an industry leader, committed to innovation, excellence, and sustainable growth. The coming years will undoubtedly be transformative, setting new benchmarks in vacuum and process solutions worldwide.