1. Growth opportunities
Market opportunity
 Remote Operated Shut off Valve (ROSOV), In Oil & Gas
Sector, Chemical Sector for Storing Hazardous Liquids.
Triple offset Butterfly Valve with Pneumatic,Electrical,Hydraulic
Remote Actuation.
 As per the M. B Lal Committee formed after the IOCL Jaipur
2009 Accident, Mandatory Requirement in IOCL,HPCL,BPCL
Oil Depots Approx 200-250 Numbers across the Country , With
One Oil Tank consists of Min 8- 10 Tanks for Storing Oil. Min two
Numbers of ROSOV Per Oil Tank.
Strategy to win opportunity
Positioning the Product as a High Technology offering the
Required solution with the Fool proof Working as the USP.
Market size, Drivers
Market Size Min 20 Crores per Year.
Major Players L& T Valves, Virgo Valves.
Drivers-
Demand for Petroleum Products across the Country.
Expansion of Oil Refineries.
Concern for the Safety of Human life.
Strict Environment Norms.
Key actions to achieve strategy
1.)Understanding the Application in detail.
2.)Complying to Various Requirement of the ROSOV-
Fire safe,fugitive emissions,SIL Certification.
Forming Strategic Alliance with the Actuator Mfg for
Technical Aspect s and pricing.
New products and related sectors