Triveni Turbine has posted its best fiscal performance in over a decade. With contribution from foreign markets growing at a faster clip, can India's biggest steam turbine maker engineer a playbook for a dominant global play?
Noida, Uttar Pradesh May 2023. “The only thing constant for us is the heat,” says Nikhil Sawhney. It’s May. The scorching summer in Delhi-NCR had forced commuters to stay off the road, and the brave ones stepping out in the blazing sun find themselves running out of steam. Sawhney, somehow, is ice-cool, even as he is in the business of heat. The MD and vice chairman of Triveni Turbines, India’s biggest industrial steam turbine maker, says he cannot take his feet off the fire pedal because they have to be ahead of competition. “The heart and soul of the steam turbine is the fluid dynamics,” maintains Sawhney, as he starts explaining the nuances of the steam turbine.