07.09.2021 Views

Indian uPVC segment likely to grow 30 pc in 10-15 yrs: Window Magic CEO Manish Bansal

Window Magic Offers Advanced uPVC Windows, Doors With Sound Insulation, Multi-Lock System Bansal explains the advantages of uPVC and why it is in great demand, noting that with the increase in consumer aspirations, premium quality products have achieved higher and faster market penetration.

Window Magic Offers Advanced uPVC Windows, Doors With Sound Insulation, Multi-Lock System

Bansal explains the advantages of uPVC and why it is in great demand, noting that with the increase in consumer aspirations, premium quality products have achieved higher and faster market penetration.

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Interview<br />

Mr. <strong>Manish</strong> <strong>Bansal</strong>,<br />

Direc<strong>to</strong>r & <strong>CEO</strong>, W<strong>in</strong>dow <strong>Magic</strong><br />

Hav<strong>in</strong>g acquired a degree from the University of Kent, Canterbury, United K<strong>in</strong>gdom, Mr <strong>Manish</strong> <strong>Bansal</strong> is the current <strong>CEO</strong> and Direc<strong>to</strong>r of<br />

W<strong>in</strong>dow <strong>Magic</strong>, a lead<strong>in</strong>g <strong>uPVC</strong> brand <strong>in</strong> India, <strong>to</strong>day. <strong>Bansal</strong> is a successful bus<strong>in</strong>ess leader prosper<strong>in</strong>g <strong>in</strong> the build<strong>in</strong>g and construction<br />

equipment <strong>in</strong>dustry. He played a significant role <strong>in</strong> transform<strong>in</strong>g W<strong>in</strong>dow <strong>Magic</strong> <strong>in</strong><strong>to</strong> a profitable venture. His clear vision, commitment <strong>to</strong><br />

quality standards, market & consumer foresightedness added new <strong>in</strong>sights <strong>to</strong> W<strong>in</strong>dow magic as a company.<br />

<strong>Bansal</strong> carries a dist<strong>in</strong>ct expertise <strong>in</strong> global strategic management, <strong>in</strong>clud<strong>in</strong>g development, expansion, and turnaround <strong>in</strong>itiatives. His<br />

belief and understand<strong>in</strong>g of future market trends have helped <strong>in</strong> populariz<strong>in</strong>g <strong>uPVC</strong> products <strong>in</strong> India. <strong>Bansal</strong> has successfully established a<br />

reputation of be<strong>in</strong>g a dynamic, visionary, and strategic leader of the <strong>in</strong>dustry.<br />

<strong>10</strong>0 Glass Bullet<strong>in</strong> | July - September, 2021


Interview • 2<br />

<strong>Indian</strong> <strong>uPVC</strong> <strong>segment</strong> <strong>likely</strong> <strong>to</strong> <strong>grow</strong><br />

<strong>30</strong> <strong>pc</strong> <strong>in</strong> <strong>10</strong>-<strong>15</strong> <strong>yrs</strong>: W<strong>in</strong>dow <strong>Magic</strong><br />

<strong>CEO</strong> <strong>Manish</strong> <strong>Bansal</strong><br />

W<strong>in</strong>dow <strong>Magic</strong> Offers Advanced <strong>uPVC</strong> W<strong>in</strong>dows, Doors With Sound<br />

Insulation, Multi-Lock System<br />

<strong>Bansal</strong> expla<strong>in</strong>s the advantages of <strong>uPVC</strong> and why it is <strong>in</strong> great demand, not<strong>in</strong>g that with<br />

the <strong>in</strong>crease <strong>in</strong> consumer aspirations, premium quality products have achieved higher and<br />

faster market penetration.<br />

What k<strong>in</strong>d of doors and<br />

w<strong>in</strong>dows have the best<br />

market potential <strong>in</strong><br />

India?<br />

There is a great demand for<br />

w<strong>in</strong>dows and doors that need lower<br />

ma<strong>in</strong>tenance and are made of energysav<strong>in</strong>g,<br />

efficient materials. Beyond<br />

aesthetics, w<strong>in</strong>dows are expected <strong>to</strong><br />

perform other functions <strong>in</strong>clud<strong>in</strong>g<br />

optimiz<strong>in</strong>g day-light<strong>in</strong>g, & energy<br />

conservation.<br />

With the <strong>in</strong>crease <strong>in</strong> consumer<br />

aspirations, premium quality products<br />

have achieved a higher and faster<br />

market penetration globally. To<br />

comply with the modern construction,<br />

W<strong>in</strong>dow <strong>Magic</strong> offers a variety<br />

of fenestration solutions which<br />

<strong>in</strong>clude cus<strong>to</strong>mized, <strong>in</strong>novative, and<br />

eng<strong>in</strong>eered products.<br />

Our <strong>uPVC</strong> w<strong>in</strong>dows and doors<br />

come with several benefits like sound<br />

<strong>in</strong>sulation, multi-lock system, smooth<br />

function<strong>in</strong>g, etc. These utilities play<br />

a vital role <strong>in</strong> fulfill<strong>in</strong>g the required<br />

essentials of a modern build<strong>in</strong>g<br />

effectively and efficiently.<br />

– What is the uniqueness of<br />

W<strong>in</strong>dow <strong>Magic</strong> doors and<br />

w<strong>in</strong>dows?<br />

W<strong>in</strong>dow <strong>Magic</strong> offers <strong>uPVC</strong><br />

w<strong>in</strong>dows and doors which are the<br />

most advanced offer<strong>in</strong>gs <strong>in</strong> the<br />

construction <strong>segment</strong>. <strong>uPVC</strong> stands<br />

for unplasticised polyv<strong>in</strong>yl chloride.<br />

This material is a chemical compound<br />

consist<strong>in</strong>g of carbon, chlor<strong>in</strong>e, and<br />

hydrogen.<br />

<strong>uPVC</strong> is very much economical<br />

and easy <strong>to</strong> produce as compared <strong>to</strong><br />

timber. The material is eco-friendly<br />

and results <strong>in</strong> prevent<strong>in</strong>g deforestation<br />

by reduc<strong>in</strong>g the use of wood and<br />

timber for produc<strong>in</strong>g w<strong>in</strong>dows and<br />

doors. Our products are energy<br />

efficient, potentially sav<strong>in</strong>g energy up<br />

<strong>to</strong> 25 per cent <strong>to</strong> <strong>30</strong> per cent.<br />

To serve the smart cities <strong>in</strong> the best<br />

possible way, W<strong>in</strong>dow <strong>Magic</strong>, with<br />

the <strong>in</strong>novative and latest German<br />

technology, br<strong>in</strong>gs out the f<strong>in</strong>est<br />

cus<strong>to</strong>mized fenestration solutions as<br />

per the environment and <strong>in</strong> tune with<br />

the cus<strong>to</strong>mer’s needs.<br />

– Could you shed some light on the<br />

market share?<br />

The fenestration market is <strong>grow</strong><strong>in</strong>g<br />

rapidly due <strong>to</strong> the ris<strong>in</strong>g awareness<br />

amongst builders and consumers. As<br />

per the <strong>Indian</strong> <strong>uPVC</strong> market report,<br />

the next <strong>10</strong>-<strong>15</strong> years will see an<br />

estimated <strong>30</strong> per cent <strong>grow</strong>th <strong>in</strong> the<br />

<strong>segment</strong>, also, the <strong>uPVC</strong> <strong>segment</strong> is<br />

expected <strong>to</strong> contribute around <strong>10</strong>-12<br />

per cent <strong>to</strong> the doors and w<strong>in</strong>dows<br />

<strong>in</strong>dustry.<br />

The <strong>Indian</strong> fenestration <strong>in</strong>dustry<br />

has undergone quite a remarkable<br />

transformation due <strong>to</strong> the <strong>in</strong>troduction<br />

of several newer technologies. As per<br />

the current report, the <strong>Indian</strong> <strong>uPVC</strong><br />

w<strong>in</strong>dows market is expected <strong>to</strong> <strong>grow</strong><br />

at a CAGR of 7 per cent, <strong>to</strong> reach over<br />

INR 17,000 crore by FY-2020 <strong>in</strong> terms<br />

of revenues.<br />

– Can you cite an example where<br />

W<strong>in</strong>dow <strong>Magic</strong>’s products have<br />

been used?<br />

Designer w<strong>in</strong>dows and doors play a<br />

significant role <strong>in</strong> aesthetics, design,<br />

and energy performance of any<br />

build<strong>in</strong>g. W<strong>in</strong>dow <strong>Magic</strong>’s product has<br />

been used <strong>in</strong> many sec<strong>to</strong>rs <strong>in</strong>clud<strong>in</strong>g<br />

residential projects and <strong>in</strong>stitutions<br />

like schools and colleges. Also, it has<br />

been used <strong>in</strong> luxury houses, hospitals,<br />

<strong>in</strong>dustrial hubs and government<br />

build<strong>in</strong>gs.<br />

Aabout the Company<br />

Setup <strong>in</strong> 2002, “W<strong>in</strong>dow <strong>Magic</strong>”, a division of<br />

W<strong>in</strong>dow <strong>Magic</strong> India Pvt Ltd is a part of the JV<br />

Group. It emerged from collaboration with the<br />

Prof<strong>in</strong>e Group of Germany, the world’s largest<br />

manufacturer of <strong>uPVC</strong> profiles operat<strong>in</strong>g under<br />

the brand name of Kommerl<strong>in</strong>g. As a company<br />

<strong>to</strong>day, with years of experience, it has succeeded<br />

<strong>in</strong> build<strong>in</strong>g up a range of state-of-the-art<br />

technologies <strong>to</strong> manufacture w<strong>in</strong>dows and<br />

doors, profile lam<strong>in</strong>ation <strong>in</strong> various colours,<br />

<strong>in</strong>sect screen and glass solutions.<br />

W<strong>in</strong>dow <strong>Magic</strong>’s myriad products <strong>in</strong>clude<br />

casement w<strong>in</strong>dows and doors, tilt and turn<br />

w<strong>in</strong>dows, slid<strong>in</strong>g w<strong>in</strong>dows and doors, designer<br />

w<strong>in</strong>dow, conserva<strong>to</strong>ry and lift and slide doors.<br />

Email: <strong>in</strong>fo@w<strong>in</strong>dowmagic<strong>in</strong>dia.com<br />

Website: www.w<strong>in</strong>dowmagic<strong>in</strong>dia.com<br />

Glass Bullet<strong>in</strong> | July - September, 2021 <strong>10</strong>1

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