INDUSTRY JEWEL: Palash Nandy, CEO, Numeric

Education and Experience:
Mr. Palash Nandy leads Numeric, a market leader in the Un-Interruptible Power Supplies (UPS) and associated power conditioning products in India. Born in Chinsurah in West Bengal, Mr. Palash completed his Graduation in the Science stream with honors in Mathematics. Fascinated by his father’s sales profession, he started his professional journey in 1990 with MDS Switchgear Limited in Kolkata, which was expanding its operations in the East with a team of completely new hires. This helped him grow within the company. In November 1996, MDS was acquired by Legrand, which is how the latter came to India. Since 2012, Numeric has been a part of the Legrand Group.

Now, Mr. Palash has over 3 decades of experience in the Electrical and Digital Infrastructure industry and has garnered rich experience in diverse business functions. He held several positions in India and France across Sales, Marketing & Strategic Planning. He was the Group VP Strategic Planning, based in Paris, before his current assignment.

Company:
Numeric has been a part of the Legrand Group since 2012 and its installation base, over the last decade, is more than 1 million active UPS’ across market segments. It has two world-class manufacturing units in Chennai and Sinnar. Numeric today provides complete solutions in UPS across Line Interactive, 1 Phase, 3 Phase and Modular UPS’. With an experience of over 32 years in the UPS industry, Numeric has envisioned and relentlessly strived to offer reliable power quality solutions to its customers. With solutions from supporting a desktop PC to a large MW range mission-critical power requirement, Numeric is amongst the top 3 UPS companies in India.

Current Work Goals and Achievements:
In his current role, Mr. Palash is responsible for strategizing and implementing the long-term profitable growth of the organization. As CEO, he drives Numeric to be more customer-centric and continually improve efficiency in its operations. Aligning the whole organization towards the stated objectives, he seeks to consolidate Numeric’s leadership position by launching new products, targeting new market segments, and leading the transformation of the organization. Articulate, committed, and a team player, he is one of those rare people who can translate the organization’s vision and strategies into tangible results. In his highly successful management career, he has been thoroughly respected for his unique trait of being a leader who has a global perspective. He has a reputation for managing diverse teams, incorporating best practices, and encouraging cross-functional team participation. He also believes strongly in having fun at work.

With a team of around 1,800 professionals working at Numeric, Mr. Palash has been a guiding force for his team and had led them to generate business value for clients through reliable, cost-effective, and consistently high-quality products and solutions. He is also extremely passionate about new advances in the field of IoT and Digitalization.

Industry Outlook:
The UPS Industry in India went through a very tough period since March 2020. The Covid 19 outbreak and the subsequent lockdowns had a tough impact on the Industry. During the same period, many opportunities were also created such as - Work from Home, Study from Home, Data Center growth driven by the exponential growth of data, Healthcare growth, etc.

Going ahead, the industry is well poised for growth. The factors driving the growth would be digitalization activities across sectors including the GoI’s Digital India initiative, the need for clean power across industries, penetration of sensitive electronic gadgets in homes and hence the need for clean and uninterrupted power at home, various infrastructure projects, the growth of surveillance needs, distance education projects, digitalization of entertainment, etc. We believe that Datacenters, IT/ITeS, Govt, Infrastructure, Healthcare & Education segments are expected to grow faster than the rest of the segments.