Power is one of the essential resources running every commercial and residential entity. Business organizations plan to secure their business infrastructure with the modern power foundations of backup systems and optimum power utilization. They also analyze and customize the power appliances towards perfect power management.
Focusing on power planning and its management could be a challenging task for business enterprises. There is a need for dedicated power solution providers who can resolve all the power requirements efficiently and smoothly.
Professional power management consultant Saravanan Suresh is one prominent energy solution provider, empowering various industries through diverse power solutions. Leading Vector Solutions (India) Pvt Ltd as Co-founder, he has monitored the business through product dealerships and turnkey solutions. Saravanan has been instrumental in bridging the power requirements of business organizations with customized and specific solutions enabling them towards energy-efficient futuristic enterprises.
In the engaging conversation with the Insights Success team, Saravanan elaborated on the brief story of Vector Solutions, early inspirations, and challenges surmounted. He opened on the values and qualities with innovations and their USPs. The dialogue also unfolded his advice for young professionals and his vision for the future of Vector Solutions.
Please tell us about the saga of Vector Solutions since its inception.
The company, ‘Vector Solutions (India) Pvt Ltd,’ based in Chennai, was initially started as a dealership firm in the year 2013 with three employees in a residential apartment with no proper infrastructure or warehouse. Our product range comprises power factor correction components, harmonics solution products, metering solutions with energy management systems, product servicing, and many more in the list. Our offered ranges are highly demanded in the market because of their durability and sustainability.
For the first two years, the company went through losses due to financial incompetency and strictly limited resources. There was a situation when the company’s future had no ray of hope as the resources totally dried up.
What was your inspiration behind venturing into the business arena?
To support our founder and my father, R.C. Sairam Suresh, I jumped in to support the company after my college hours when I was 19.  I joined as a Business Development Executive to deal with basic accounts and client follow-ups.
Struggling to cross the tough time, we managed to get some permanent clients in Chennai through collective efforts, and the dealership business was stabilized to surviving extent. With stunted growth as a dealership firm, our company started to look for more opportunities to expand its verticals as the turnover was just below Four lakhs which were truly not sufficient to hire more manpower or to expand its scope.
What were the initial challenges that you had to surmount to ensure Vector Solutions’ success rate in becoming a popular and recognized business?
With loans and personal savings, the company shifted its base from a one-bedroom residential apartment to a proper industrial atmosphere. It started its semi-manufacturing setup with engineers hired on a contract basis as they were not able to hire them on a permanent scale due to the financial crunch. With strenuous efforts, Vector Solutions managed to find some potential clients who trusted them with basic panel manufacturing projects. On successfully completing it, our company managed to take up Government projects and started to work for Tamil Nadu Electricity Board, Indian Railways, The Tamil Nadu Press Limited, BHEL, etc.
What professional values and qualities do you think your client values in you and Vector Solutions the most?
We are completely dedicated to our valuable clients and make sure that they feel pleased with our entire range of products and services. Our products are perfectly designed as per our client’s requirements. Our products will encompass both excellent performance and brilliant quality.
Tell us more about the innovations that Vector Solutions empowers in the industry it is catering to.
We have emerged as one of the topmost traders, suppliers, and distributors of our product range and successfully achieved a reputed position in the industry. Our product ranges are highly acclaimed by clients for their many features. They are sturdy in construction and dimensionally accurate. We source our entire product from the most reliable source, which uses highly advanced manufacturing techniques.
What are the USPs that highlight Vector Solutions’ uniqueness in the industry you are catering to?
Vector Solutions’ team provides its clients best services with utmost satisfaction. We are always ahead to initiate new assignments and complete them with great dedication. Team members of our organization are highly efficient and dedicated to their work. They never compromise with the product quality and work as per the guidelines provided by us. They know the value of customers and can go beyond to please them with our services. With their help, we own a reputed position in the market. Our employees have a good work ethic towards their job and work hard to maintain the standard of the company.
As an experienced professional, what would you like to advise the budding aspirants willing to enter the business world?
My father, Sai Ram Suresh, is the active leader of Vector Solutions and provides his complete guidance and supervision for the company’s tremendous growth. The father-son duo both interact with the company employees in a regular manner and receive feedback on the company facilities provided to them. With wonderful coordination and vast experience in this field, the firm is regularly growing in the industry and serving its clients in an efficient manner.
Team members for any organization are an essential element in its success and achievement in the industry.
How do you envision Vector Solutions’ operations with the emerging technologies and automated tools that are revolutionizing the business world by enabling innovations?
The vision of Vector Solutions is to set targets as reliable as possible and source quality electrical products and earn a reputation and goodwill from its customers with their utmost satisfaction. We have emerged as one of the topmost traders, suppliers, and distributors of our product range and successfully achieved a reputed position in the industry.
We are completely dedicated to our valuable clients and make sure that they feel pleased with our entire range of products and services. The products are perfectly designed as per the client’s requirements. The products encompass both excellent performance and brilliant quality.
The product range is highly acclaimed by the clients for its many features. They are sturdy in construction and dimensionally accurate. We source our entire product from the most reliable source, which uses highly advanced manufacturing techniques.
Our company has already hit a business of Seven to Eight crores per year. It has recently launched its new vertical focusing on energy auditing and energy management studies.
Vector Solutions will continue to be a bootstrapped firm with 100 percent ownership rights. Our mission for the next five years will be to reach out to projects and establish our presence in northern states as well.
