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Indian Electrical Equipment Industry Growth Decelerates to 6.6% Y-o-Y in 2011-12: IEEMA

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Growth rate of the Indian electrical equipment industry has decelerated to 6.6% in 2011-12 as compared to 11.3% and 13.7% in 2009-10 and 2010-11 respectively according to data compiled by the Indian Electrical and Electronics Manufacturers’ Association (IEEMA). IEEMA has based these growth figures, after rigorous analysis, on the production......
Industry Trends

Funds for Power Sector in 12th Plan

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April 30, 2012 The Working Group on Power for formulation of the 12th Five Year Plan has estimated total fund requirement of Rs.13,72,580 crore for the power sector. The details are as under: • Generation: Rs.6,38,600 crore • Transmission: Rs.1,80,000 crore • Distribution: Rs.3,06,235 crore • Others*: Rs.2,47,745 crore • Total: Rs.13,72,580 crore Others......
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“India is a country of connected billion”

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Mr. Sam Pitroda, Advisor to Prime Minister, Government of India At GridWeek 2012 held in Mumbai Mr. Sam Pitroda, Advisor to the Prime Minister, Government of India and Chairman, Indian Smart Grid Task Force, set the stage with his inaugural speech by giving the example of the revolution that took......
Industry Trends

OPGW: The smart energy transmission solution

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The development of smart energy management systems is the need of the hour and is aimed at alleviating the burgeoning demands from today’s power infrastructures. Optical Fiber Composite Ground Wire (OPGW) is a revolutionary solution that enables synergies between efficient power distribution grids and high-speed optical fiber-based SCADA networks, giving......
Industry TrendsNews

The Road ahead for Powering India

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Economic growth in India, the world’s second fastest growing major economy, could be crimped by a shortage of power, a sector where the country hasn’t had much success in adding generating capacity, attracting private sector investment, reforming distribution and reducing losses in transmission. The government has tried to increase power......
Industry TrendsNews

Electrical Equipment Sector maintains growth at 16.6% during Q1 2011-2012: IEEMA

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4 August, 2011 The Indian electrical equipment manufacturing industry registered a growth of 16.6% during Q1 of FY 2011-2012, maintaining almost the same growth as Q1 of 2010-2011. Which stood at 16.73%. Indian Electrical and Electronics Manufacturers’ Association (IEEMA), the apex Indian industry association of manufacturers of electrical, industrial electronics......
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Update on Indian Economy and Market Outlook for Cables Business

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Mr. Rajive Kaul, Chairman of Nicco Corporation Ltd.   . . ////////////////////////////////////////////////////////////////////- Mr Rajive Kaul*   It was the year 1991 when India experienced its worst economic crisis. Our foreign exchange reserves were less than 1 billion USD, after having borrowed against our country’s gold reserves. Our GDP growth rate......
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