Page 15 - Bullion World Volume 04 issue 12 December 2024
P. 15

Silver IconS of India


           Pioneering in Electrical Contacts


                                                              By 1978, Mr G.L. Modi identified a critical gap in the
                                                              market for electrical contacts, which are essential
                                                              components in the switchgear industry. Despite
                                                              India’s growing electrical infrastructure, the domestic
                                                              market lacked reliable manufacturers of these
                                                              precision-engineered products. With his engineering
                                                              background, Mr Modi understood the challenges
                                                              and opportunities in this niche. He resolved to create
                                                              high-quality electrical contacts to meet the demands
                                                              of India’s burgeoning electrical industry.


                                                              After establishing himself as one of India’s largest
                                                              silver exporters, Mr G.L. Modi sought to move up
                                                              the value chain by venturing into the low-voltage (LV)
                                                              switchgear industry. At the time, Indian manufacturers
           relied heavily on imported electrical contacts, which not only added to costs but also limited the industry's
           growth. Mr Modi, recognizing this gap, decided to manufacture these components locally.


           In 1983, Mr Modi partnered with DODUCO, a globally renowned German company specializing in electrical
           contact technology. This partnership proved to be a turning point, enabling Modison to produce world-class LV
           electrical contacts. With DODUCO’s support and Modi’s technical acumen, Modison set a new benchmark in
           the industry, establishing itself as a leader in manufacturing precision-engineered electrical contacts.





           Breaking New Ground: High-Voltage Electrical Contacts


           While Modison’s success in Low voltage electrical contacts was revolutionary, G.L. Modi envisioned an even
           larger opportunity in high-voltage (HV) electrical contacts. These components, critical for managing high-
           voltage currents in switchgear systems, were still being imported into India. Modi saw this dependency as a
           challenge to India’s industrial self-reliance and a potential opportunity for Modison.

           Drawing on his technical expertise and the support of DODUCO, Modi embarked on an ambitious project
           to develop manufacturing capabilities for high voltage electrical contacts. This was no small feat, as the
           production of these components required state-of-the-art facilities and an unwavering commitment to
           precision and quality. Despite the challenges, Modi’s perseverance paid off. Modison became the first
           company in India to successfully manufacture high voltage electrical contacts, a breakthrough that significantly
           reduced the country’s reliance on costly imports. This achievement not only strengthened India’s electrical
           infrastructure but also cemented Modison’s reputation as an industry pioneer.




















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