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Feature | October 2015

LV switchgear will see steady growth of Rs.3,500 crore by FY2016

Rajesh Nandwani | Vice President & Business Unit Head, Switchgear, Anchor Electricals, Panasonic Group

What percentage of your business is this segment? What is your market share? Switchgear and protection devices segment contributes to ~15 per cent of Anchor´s power segment turnover. Our share is about 6 per cent in the LV switchgear market.

What are the emerging trends and technologies in this field?
The miniature circuit breaker (MCB) market is looking at 5-10 per cent growth in the coming years. A rise in demand is expected for residual-current circuit breaker (RCCB), as people have become alert of risks due to leakage currents, which can cause fire to property and electrical shocks that can endanger individual lives.

Superior technology in MCB, especially for residential landscape such as technology featuring high speed and high breaking capacity mechanism, mid-trip feature, positive contact indication and is also energy-efficient, is in demand. Anchor has already introduced a basket of essential premium switchgear under the Panasonic brand that boasts compliance to stringent RoHS (EU safety standards) along with IEC as well as IS specifications.

Give examples of new technologies applied to your offerings.
Launched in 2014, Anchor´s Uno Switchgear range endeavours to offer the best value-for-money products in the LV switchgear market. The Uno Mini-MCB incorporates advanced technology with all the safety features of a traditional MCB, adheres to IS/IEC standards and is ISI certified. Uno RCCB is one of the fastest tripping RCCBs (under earth leakage current), operates at low voltage and has high short current withstand capacity. Uno Distribution Boards range blends with all interior d+¬cor and provide protection in homes, offices and industries.

The Changeover switches are equipped with Positive Contact Indication - an unique design feature for the first time in India. The range starts from 25A to 63A in single phase and three phase.

Kindly estimate the potential growth for switchgear applications in India.
The switchgear market [overall] has seen slow growth for the past 2-3 years due to adverse macro-economic scenario. With the present Government´s thrust on India´s economic and infrastructural development, the market looks determined to bolster growth. It is estimated that the LV switchgear industry will see a steady growth curve of around Rs 3,500 crore by FY2016, at a diminished CAGR of 10 per cent. It is estimated that the total industry size including LV, MV and HV switchgear would go to Rs 215 billion by FY2017.

What are the challenges that you face in this segment?
India faces a huge power deficit and while the Government is focused on electrification, power distribution continues to be a challenge. The switchgear industry is picking up from the slow growth and new government initiatives such as ´Make in India´ and housing for all, also would provide new opportunities. What is yet to be seen is how national and international players grab their share of the market pie in the LV, MV and HV segments. The overall infrastructure for rural and Tier III and IV towns still needs strengthening and so does the awareness about the switchgear segment in general.

What suggestions would you recommend to counter these challenges?
Increasing customer awareness of switchgear in the residential, commercial and industrial segments is a key to industry growth. Similarly, high emphasis on safety and quality will also drive growth for the segment.

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