• CT capacity expansion: Daily current transformer capacity at the Nashik facility has been enhanced from around 5,000–5,500 units to 8,000 units, representing a 40% to 50% capacity increase targeted for full absorption within one to two years. R&D is also working to expand the portfolio into medium-voltage current transformers, potential transformers, and voltage transformers.
• Data centre demand: Products supplied to data centres for cooling, power quality management, and monitoring are projected to contribute 10% to 15% of total product volume over the coming years. Management expects accelerated growth in this vertical across the US, the UK, Ireland, and India for at least four to five years.
• Solar business scale-up: Rishabh has established a dedicated automated line with a capacity of close to 8,000 inverters per month, aiming to double solar volumes annually in the Indian market. Growth plans include expanding product ratings up to 100 kW, introducing hybrid inverters, and acting as both an indigenous brand and an OEM supplier.