Electrical Machinery

Growth Drivers

  • Capacity creation in sectors such as infrastructure, power, mining, oil and gas, refinery, steel, automotive and consumer durables are driving demand in the engineering sector.
  • Nuclear capacity expansion will provide significant business opportunities to the electrical machinery industry.
  • Rapid increases in infrastructure investment and industrial production will fuel further growth.
  • A comparative advantage in terms of manufacturing costs, market knowledge, technology and creativity.

Reasons to Invest

  • Market-oriented reforms, such as the target of ‘Power for All’ and plans to add 88.5 GW of capacity by 2017 and 93 GW by 2022.
  • Incentives for capacity addition in power generation will increase the demand for electrical machinery.
  • Indian manufacturers are becoming more competitive with respect to their product designs, manufacturing and testing facilities.
  • A large pool of human resources; advancements in technologies.
  • Increasing scope for direct exports to neighbouring countries.
  • Investments in research and development in the electrical machinery industry are amongst the largest in India’s corporate sector.
Electrical Machinery

Foreign investors