A Modest Proposal

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The demand for the electrical equipment in India is expected to encounter significant expansion vis-à-vis growth of power sector. The Government of India has set high capacity targets of 72GW & 93 GW respectively for in the 12th & 13th financial year plan. The Indian electrical equipment manufacturing industry has shown positive prospects of growth in the past 5-6 year basis which it is expected that it will meet the aggressive market expansion target of USD 100 billion by the end of 2022. It is an important notes that the exports of EE/HEE are projected to grow at a CAGR of 17.4% from 2013-17. Increase in the import duty of power equipments is the one such example of government supports towards meeting the futuristic electrical equipment requirement …show more content…

By the end of 12th financial year plan the total demand for T&D equipments is estimated to reach up to USD35. Government supports in terms of introducing favourable trade policies for protecting the domestic electrical equipment market is one of the key reason for such high demand projections of domestic power equipments in the country. Increase in the import duty of electrical equipments up to 21% has proved to be a milestone for pushing up the demand for Indian electrical equipments. Due to the FTA signed by the Indian government and the additional subsidies provided to the Chinese manufacturers, the dragons have captured close to 50% of the Indian electrical equipment thus discouraging the demand for the Indian EE. But increased in custom duties will bring back the hold of IEE into the hands of domestic players such as BHEL, L&T, Bharat Forge …show more content…

Ltd, Bengaluru Company Logo Industry Electrical Equipment Manufacturing Tagline/ Slogan The global specialist in energy management/Make the most of your energy. CEO Mr. Anil Chaudhry CFO Sugata Sircar (CFO and as well as country finance partner) Corporate Office Milestone 87,Vadodara, Halol Highway, Village Kotambi, Post office Jarod, Vadodara -391510, Gujarat, India. Regional Office / Branch Office Ludhiana, Chandigarh, Jaipur, Lucknow, Vadodara, Ahmadabad, Kolkata, Jamshedpur, Nasik, Nagpur, Mumbai, Vishakapattanam, Pune, Hyderabad, Bangalore, Chennai, Coimbatore and Kochi. Number of employees More than 21,000 employees working in India. Bengaluru office address IDF – 3, # 187/2 & 188/3 APC Circle, Jigani Bengaluru, Karnataka – 562106 India. Schneider Electric IT Business India Pvt. Ltd, Bengaluru is a 100% subsidiary of Schneider Electric industries, a globally known company whose energy efficient solutions are benefitting major population of the world and also it is a global specialist in energy management with a work force of 21,000 employees in

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