Surge in demand for inverters

The power authorities’ decision to impose power cut during nights pushes up sales. To ensure one sale a day, the sellers used to offer instalment packages also. Rotation of finances was also not a big issue then.

April 24, 2014 10:08 pm | Updated July 20, 2016 09:16 am IST - VIJAYAWADA:

VIJAYAWADA (ANDHRA PRADESH), 23-04-2014.
Inverter kept in a Shop to help during the power cut. _  PHOTO: V_RAJU.. (DIGITAL MAGE)

VIJAYAWADA (ANDHRA PRADESH), 23-04-2014. Inverter kept in a Shop to help during the power cut. _ PHOTO: V_RAJU.. (DIGITAL MAGE)

Sizzling summer and long power cut spells bad news for consumers, but for inverter sellers and distributors the season is a boon. In fact, it led to severe shortage of inverters in the city.

The distributors have not anticipated such a high demand. They literally ran out of stocks. “There was no other go. The consumers will have to wait for four days,” says Sk. Baji, an inverter seller in Patamata.

The power authorities’ decision to impose power cut during nights has pushed up the sales overnight. Orders began pouring in, and consumers have made advance payments. “The situation was totally different till the authorities announced power cut during night. We used to install inverters even if the consumer made partial payment. Now, there is no such possibility,” says Mr. Baji.

To ensure one sale a day, the sellers used to offer instalment packages also. Rotation of finances was also not a big issue then. As the demand suddenly went up, it may not be possible to offer such packages now, he explains.

This rise in demand has lead to good profits for the inverter sellers. The growth in the demand for inverters is also being attributed to the increase in the purchasing power of consumer, says Parvataneni Rajeswara Rao, proprietor of Star Power Products.

The sales have soared with increasing load-shedding hours. Traders said that sales of these power back-up devices had jumped 30 percent compared to the summer season last year. “We are doing brisk business as people are turning to inverters to get relief from the load-shedding,” he says. The unorganised inverter market is thriving hugely on account of the power cut. There are about 50 sellers in the city.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.