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Bangalore, July 2013: Contribution of the Indian electrical equipment industry to the Indian economy will double, and can even triple, in the next 10 years, according to Mr S V Ranganath, Chief Secretary, Government of Karnataka. He stated this at the launch function of ELECRAMA-2014 at Bangalore, organized by the Indian Electrical & Electronics Manufacturers' Association (IEEMA), the apex association of electrical equipment manufacturers in India.
"Indian electrical equipment industry has done well, but it not performing up to its full potential, which is far greater than what it has achieved. We need to give confidence to international investors. The growth rate of the country is the growth rate of power sector," said Mr S V Ranganath. He expressed the Government of Karnataka's full support to ELECRAMA-2014 being organized in Bangalore in January 2014 and said, "ELECRAMA will also showcase Bangalore as an international destination for major events. It is win - win situation for both."
The 11th edition of the world's largest power transmission and distribution (T&D) confluence, ELECRAMA-2014, to be held at Bangalore International Exhibition Centre (BIEC) between January 8-12, 2014, will showcase the global competitiveness of Indian products and the capability of local manufacturers to develop world class engineering products at competitive costs. ELECRAMA-2014 will be at the heart of India's infotech nucleus and the technology superhub city - Bangalore, for the first time. ELECRAMA-2014 expo in Bangalore will be a generation ahead, in terms of core services, features and amenities - highest quality on par with international standards.
Mr J G Kulkarni, President, IEEMA, said, "We are extremely pleased with the support promised by the Karnataka State Government for our biennial flagship event to be held at the software city of Bangalore in early 2014. ELECRAMA-2014 will scale new heights and surpass all previous editions. We have taken a unique theme of 'Go Global', which will focus on global competitiveness of products manufactured in India. We have got the necessary infrastructure and the capability to develop world class engineering products at competitive costs."
By showcasing the 'Go Global' theme, India will be targeting a 5% share of global trade in electrical equipment in the next ten years in order to help exports reach a level of $25 billion. IEEMA will also encourage African countries to participate in the forthcoming ELECRAMA-2014 event at Bangalore aimed at boosting electrical equipment exports.
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INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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