With the country's overall lighting market valued at Rs 100 billion currently, there is ample room for further growth in the LED segment, says Rakesh Zutshi, President, Electric Lamp and Component Manufacturers' Association of India (ELCOMA) & Managing Director, Halonix Technologies.

The growth of DG sets would be driven by higher volumes in the mid- or high-horse power (HP) segment with the revival of key markets such as infrastructure, commercial and manufacturing.

In any given project - be it power, solar, wind, railway or process industry - the share of electrical scope is approximately 30 per cent in which 10 per cent would be for power electronics and 20 per cent towards conversion and general electrical equipments.

We have been in electrification since 1961. Till today, we have electrified more than 14 per cent of the entire network of Indian Railways. For the current financial year, we will be completing around 1,000 km of railway electrification by March-end.

Our transmission and distribution (T&D) equipment industry, in 2017, covering towers, lines and devices, is around Rs 180 billion, including exports. At an aggregate level, the industry has grown nominally at ~ 3 per cent over 2016. However, towers, conductors, insulators, in particular showed negative growth.

The power sector of the country has witnessed a considerable change and evolution in the last two decades owing to several policy and regulatory measures.

Union Minister of Railways and Coal Piyush Goyal has talked about having a global grid. While addressing a conference of World Energy Council India, Goyal asked the participants to think about having global transmission grid in which power can seamlessly flow from one region to the other.

The first business of Mitsubishi Electric in India was equipment supply for electric locomotives to the Indian Railways in the early 1960's by its Transportation Systems Division in Japan.

The power sector, over a period of six months, has witnessed large scale investments in the power generation segment leading to an increase in the installed capacity to 329 GW as on September 30, 2017 from 132 GW as on March 31, 2007.