Electro Power Solutions (EPS), based in Mumbai, is a trading firm that was founded in 2019 but has a family business heritage dating back to 1960.
The firm, which is armed by the expertise of three generations of individuals with great business acumen, has emerged as a one-stop shop for all the electrical requirements of a setup.
They’ve worked with a variety of industries and showrooms to put out items on display by following ‘Cross Industry Collaboration’. They have, for example, partnered with the showrooms that deal in Bathroom Fittings, Marble & Granites, Chandeliers, Home Appliances, Plywoods & Laminates, etc. The reason for this is so when a consumer visits these showrooms they can also look at the electrical options to help them make a decision and develop a cross-industry reference/lead for the same.
Divided into departments viz: Distribution, Retail, and CSA, the Electro Power Solutions offers customers an opportunity to get all their Electrical requirements under one roof, may it be electrical products or accessories.
CSA Services
Recently, the firm launched the CSA Service for manufacturers, in which they offer branding, marketing, administrative, and promotional services to electrical product makers in a hitherto untapped market. They’re also working on a business model that would combine these services with warehouse services, allowing a manufacturer to outsource all of their retail operations to us.
“We function as a company’s face in the given region, handling branding, promotions, administration, and warehousing/inventory services. This is a one-of-a-kind business strategy in India. And no trader in the electrical industry has ever used it to transform conventional retail into contemporary retail,”
says EPS Founder Harshil Doshi
In a family business, Harshil Doshi has come up with a plan to modernize the family firm. And adopt new philosophies in order to stay ahead of the competition and get access to new markets. A new business model took them two years to design. The primary business operations are passed down from a six-decade-old family firm. The company has been awarded Top 10 Most Promising MEP Consultants and Traders by CONSULTANTS REVIEW MAGAZINE, Part of SILICON INDIA.
The Managing Partner
Harshil Doshi is a bright individual who works hard till he reaches his objectives. He is a family business entrepreneur who constantly explores new opportunities & possibilities. He is a Bachelor of Business Administration and a Postgraduate in GLOBAL FAMILY MANAGED BUSINESS PROGRAM from the S.P. Jain School of Global Management. He devised a plan to revolutionize the family firm. And embrace new philosophies in order to outpace the competition and access new clients.
He likes to read books about finance, body language, business psychology, and money in addition to operating his firm. His father and uncle are his main inspirations and role models. He feels he has not yet arrived at the point where he can declare himself successful; for him, success is defined as being able to meet all of the requirements of both his family. And his firm while also being able to devote time to both as and when needed.
Entrepreneurs should imagine a broader picture, strive toward a future purpose, and be patient, according to his advice. Rome, like the money you’re counting on from your father, wasn’t created in a day. As a family business entrepreneur, he feels he is blessed to have a platform. And also feels that he is responsible to expand & grow the existing business to a larger scale. The company’s competitive edge is sophisticated IT, a novel business model. And effective & efficient operations that result in prompt delivery to the appropriate place and time. Dealers, Electrical Contractors, Architects & Interior Designers, and End Users are among his target market.
Future Plans
To turn this firm into an end-to-end solution provider that can sell items, showcase them. And also provide services to the manufacturers of those products.
