Overview
Overview
MEHER 1.0 – The Start Up
Year 1977 - 1984
1977: MEHER Capacitors Pvt Ltd is established; First LV Power Capacitor manufactured with in-house technology.
1978: Commercial launch of LV Power Capacitors – with Paper/Foil/PCB Impregnant technology; Marketing agreement signed with NGEF Limited.
1980: Commercial launch of LV Power Capacitors – with Film + Paper/Foil/non-PCB Impregnant technology.
1982: Development of Metallised Polypropylene LV Power Capacitors.
1984: Development & launch of Automatic Power Factor Correction Systems with Analog controls.
Year 1986 - 1993
1986: Development & launch of Automatic Power Factor Correction Systems with Microprocessor based controls.
1987: Commercial Launch of dry type LV Power Capacitors.
1988-89: Setting up of a new expanded Manufacturing Plant for production of HV Capacitors with Film Foil technology & LV Capacitors.
1990: Delivery of 60 MVAr ( 2 x 30 MVAr) HV Capacitor banks for 400kV station application.
1991-93: Significant deliveries of HV & LV Products & Systems to important projects.
MEHER 2.0 – Restructuring
Year 1994 - 1996
1994: Restructuring plans & new strategy to transform into a Power Quality Products & Systems business; Marketing agreement signed with LARSEN and TOUBRO LIMITED for LV Standard Products.
1996: Launch of Technical Services for PQ System Studies & Analysis; Launch of Harmonic Filter Products & Systems.
Year 1997
1997: Creation of “High Power Testing & Research Lab” – with testing capacity of 5 MVAr.
MEHER 3.0 – Market Leadership
Year 1998 - 2000
1998: Launch of several varieties of product variants; Launch of new generation APFC & Harmonic Filter Systems; Launch of “Dynamic Compensation Systems” and commercial launch of “Cylindrical type” LV Capacitors; Succesfully delivered advanced PQ solutions for Industry, Buildings & Infra Projects.
1999: In house production of Iron Core Inductors begins, Operations rationalised across 3 manufacturing locations in India; Multiple warehouses set up in India & Middle East to improve logistics, New Manufacturing facility set up in Germany; Significant Expansion in “Customer Training Activities on PQ Management”.
2000: Emergence among market leaders in the business of PQ Products & Systems with strong presence in India & other markets, Launch of “PQ Expert” software Platform that enabled Power System Simulation & PQ evaluation.
Year 2001 - 2009
2001: Commercial launch of next gen LV Capacitors – Cylindrical, Dry type/Gas Impregnated, individual ratings going upto 50kVAR/unit.
2002-06: Expansion of Capacity – LV Products – 12,000 MVAr/year; HV products – 3,000 MVAr/year.
2007-08: Market Leadership (Quantitative & Qualitative) & Global relevance – firmly established.
2009: MEHER Group transfers MEHER Capacitors Pvt Ltd to SCHNEIDER Electric.
MEHER 4.0 – Transformation
Year 2009
2009: Change of Strategy & Business Approach finalised & new efforts commence; The MEHER Group Holding Company – MHM Holdings Private Limited is formalised.
Year 2009
2009: Formal structuring into 3 focus areas – “ENTERPRISE” – for Engineering & Technology driven Businesses; “ASSET MANAGEMENT” – for all Investment activities; “CARE”- for assisting people in need.
MEHER 4.1 – Building Stable Engineering Businesses in Growth Markets With High Entry Barriers
Year 2009 - 2013
2009: MEHER Advanced Materials Private Limited starts manufacturing “Thin Film Metallised Dielectrics”.
2012: MEHER & KENDEIL, Italy – form a Joint Venture – “Kendeil IndFarad Electronics Private Limited” – to manufacture “IKEN” brand Power Electronic Capacitors.
2013: MEHER & MANGOLDT, Germany – form a Joint Venture – “Meher Mangoldt Inductors Private Limited” – to manufacture Power Inductors.
Year 2016 - 2017
2016: Meher Mangoldt Inductors Pvt. Ltd. signs a Sales Agreement with Coil Innovation, Austria for Air Core Inductors used in Electrical Power Transmission & Distribution Systems.
2017: Meher Advanced Materials Pvt. Ltd. sets up a Marketing Joint Venture with Sungho Electronics Corp, South Korea with a focus to grow the business in high-end applications by offering a variety of specialised dielectrics. The JV is Headquartered in Seoul, South Korea.
MEHER 4.2 – Building New Businesses in e-Mobility
Year 2017
2017: MEHER & DEKI Electronics Limited form a Joint Venture – “iPEC India Private Limited” – to manufacture EV Chargers & offer Hardware + Software Solutions for the EV Charging domain and to manufacture Power Trains for Light Electric Vehicles.
Year 2018
2018: iPEC enters into a strategic partnership with L7 Drive Oy, Finland to manufacture in India, next generation electric drive systems with unique technology for a variety of EV’s in a variety of markets.
MEHER 4.3 – Building new businesses in Analytics and Visualization of Big Data – in Power, Energy & e-Mobility Domains
Year 2018
2018: MEHER enters into a strategic partnership with Innohabit to work together to offer Machine learning and AI based analytic solutions in the above areas.
Year 2018
2018: MEHER enters into a Joint Venture with Basemark Oy, Finland to offer advanced AI based software solutions for “Big Data Visualisation – Augmented Reality & Virtual Reality” in the above areas.
Our Core Values
Vision
To be the Trustee of stakeholder’s interest
Belief
Adherence to business ethics
People
Respect for the individual
Responsibility
To be a responsible corporate citizen
“It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is most adaptable to change”
Charles Darwin
“Morality is the basis of things and truth is the substance of all morality”
Mahatma Gandhi
Meher Group Brochure
Our Core Values
Vision
To be the Trustee of stakeholder’s interest
Belief
Adherence to business ethics
People
Respect for the individual
Responsibility
To be a responsible corporate citizen
“It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is most adaptable to change”
Charles Darwin
“Morality is the basis of things and truth is the substance of all morality”
Mahatma Gandhi
Meher Group Brochure
© 2018 MHM Holdings Pvt Ltd – The Holding Company of Meher Group.