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.
Green Shoots Visible
The Indian power sector is one of the most widespread in the world. Power is one of the most crucial components of infrastructure. It is vital for economic growth.
Conventional markets to remain our prime focus
We will continue to focus on conventional markets such as home appliances, telecom and automotive through our strong products such as release mechanisms, switches and connectors. In new business areas, we will try to resolve customer issues by creating value in terms of products, solutions and services.
The Powernomics of GST
Finally, Goods and Services Tax (GST) has arrived on July 1, 2017, and the first batch of filing of monthly returns is underway in August 2017. Like any other changeover, GST is also facing its initial pangs.
TDK Gears Up for electronica India 2017
TDK will be participating in electronica India 2017, an international trade fair for electronic components, systems, and applications which is scheduled to be held on September 14–16 2017 at Pragati Maidan, New Delhi, hall 12A (Stand 2130).