Rural Electrification Rs.400 Billion Opportunity!
The Indian power equipment industry aspires to become a $100-billion industry by 2022, and its golden days have begun with programmes like rural electrification under the Deen Dayal Upadhyay Gram Jyoti Yojna
Equipment manufacturing likely to grow by 15-20%
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.
Vis Hydraulics joins Unacea
Vis Hydraulics has joined Unacea. The company specialises in the design and production of hydraulic cartridge valves, coils and electronic controls for construction equipment. It offers a customised production service, tailored on the specific needs of each customer, in addition to the standard products.
The future is digitalisation
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.
5th EQUIPMENT INDIA Annual Awards
The Foundation of Infrastructure Research Studies Training (FIRST) recently hosted the 5th EQUIPMENT INDIA Annual Awards. Sandeep Singh, Managing Director, Tata Hitachi Construction Machinery Co, was named the 'Equipment India Person of the Year' for 2017.
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.
Calling for sops
Electricity forms an integral part of the utilities which currently contribute nearly 2.02 per cent to Asia's third largest economy. The nation's power sector has long been grappling with grim infrastructure and ageing transmission - woes that have debilitated the nation's economic health.
'Power industry is under positive stress'
Elecrama is giving us a great platform to connect with sector thought leaders, like-minded industry professionals, potential clients and stakeholders.