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“Chinese imports have led to closure of many businessesâ€Â
..says Jitendra Kumar Agarwal, Joint Managing Director, Genus Power Infrastructures Ltd, who believes Indian electrical equipment industry is under pressure with the consistent increase in imports especially from China threatening its growth. In this interview with Rakesh Rao, he highlights challenges before the Indian electrical and electronics (E&E) industry and suggests solutions to overcome them.Read more
Budget’s infra focus to give fillip to electrical equipment industry
With the proposed capex of Rs 100 lakh crore over the next 5 years, it will further provide an impetus to infrastructure sector (highways, airports, railways, metros, ports, housing, etc). This will result in continued growth of the electrical equipment industry.Read more
Budget is a mixture of incremental and path breaking steps: IEEMA
With plans to give further impetus to infrastructure sector, the budget 2019-20 is expected to give a boost to the electrical equipment industryRead more
IEEMA expects measures to boost electrical equipment industry growth in budget
The apex association has recommended favourable tax structure to reduce manufacturing cost, zero basic customs duty on imports of CRGO Steel and amorphous alloy ribbon, etc.Read more
HRS Process displays range of heat transfer technology at Chemprotech 2019
Chemprotech is an international exhibition held for sharing latest information and developments in chemical processing technology, equipment and supplies.Read more
IEEMA signs MoU with PSSC to train budding electricians
In order to train budding electricians in the country, IEEMA, under its CSR activities, has partnered with Power Sector Skill Council (PSSC) to create maintenance technicians working in industrial plants and commercial buildings. IEEMA has signed an MoU with PSSC for this initiative.Read more
VDMA’s India Day at Hannover Messe 2019 boosts Indo-German trade
The Indian unit of VDMA (the German Engineering Federation) hosted India Day at Hannover Messe 2019 to project India as huge market and investment destination for investmentsRead more
Sterlite Power bags power transmission project in Brazil
An investment of nearly $0.6 bn will be required for the project, which will include 6 substations.Read more
Can car batteries keep their green promise?
Whether they are meant for battery electric vehicles or internal combustion engines (petrol or diesel) cars, auto batteries have been especially thrown into focus for being eco-friendly. Will they keep up to the strict standards that are now in force?Read more
Sterlite Power bags 6 new transmission projects in Brazil
In the recently concluded auction for transmission projects in Brazil, Sterlite Power emerged as the largest winner, clinching six lots at an investment of roughly $ 1 billion, securing about 65 per cent of the capex under auction.Read more