We are planning for more expansion-based investments
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.
Sprinting on a Growth Track
The World Bank recently has put out a report in which the demand for electricity in India is growing at the same rate as in France or Germany as millions of people in rural or impoverished areas seek access to power in their homes and workplaces.
The wires and cable industry in India
The wires and cable industry in India has come a long way, growing from being a small industry to a very large one, over the past decade. With the segment compriing nearly 40 per cent of the electrical industry in India, the increasing demand for power, light and communication has kept demand for wires and cables high.
Switch to Development
With various developmental projects being launched or on the horizon, the stakeholders POWER TODAY spoke to felt that, the switchgears and control gears segment in the country is poised for hand-in-hand growth with the economy.
The wires and cables industry has moved on from being the small industry it was 20 years back, to a very large industry over the last decade. Predominantly providing challenging opportunities in the field of manufacturing, supply chain and procurement, India as a market, is gaining importance in this industry.
OEMs expect 25 per cent growth in EE industry
We all know that power is the most important and basic aspect of any industry, and that power in India is in shortage and of poor quality, unless we improve upon this we can´t expect investment. Though there has been a lot of improvement in the power situation, we are yet to see any significant impact in terms of growth in investment and business due to all this.
There seems to be some traction in the wake, especially
in the electrical and power equipment sector in India. When posed with some tricky questions, a surprising wave of positivity appeared among private industry leaders over the government´s tall claims of having a level playing field in this sector.
The Indian electrical equipment industry, broadly classified into two categories-generation equipments and transmission and distribution (T&D) equipments-manufactures diverse products ranging from high technology equipments to low technology electrical components.
12 GW of orders up for grabs
Despite gradual reduction over time, India still has a significant electricity demand and supply gap. Government of India (GoI) has been taking various positive steps to cater to the increasing demand of power in the country.
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