SPOTLIGHT ON INDIAN ELECTRONICS Spotlight on Indian Electronics | Page 244

HIGH PRIORITY MARKET

India Power and Distribution Transformers Market Forecast and Opportunities 2020

Key Players in India

ABB India Khanija Bhavan, 2nd Floor, East Wing No. 49, Race Course Rd, Bangalore-560001, Karnataka, India. T: 080-22949150 080-22949151 F: 080-22949148 E: contact. center @ in. abb. com W: abb. com
Siemens Limited 130, Pandurang Budhkar Marg, Worli, Mumbai 400 018. Maharashtra, T: + 91 22 3967 7000 F: + 91 22 3967 7500 W: siemens. co. in
Transformers and Rectifiers( India) Limited Survey No. 427 P / 3-4, & 431 P / 1-2, Sarkhej- Bavla Highway, Moraiya, Sanand, Ahmedabad – 382213, Gujarat, INDIA. T: + 91 2717 661661 E: marketing @ transformerindia. com, purchase @ transformerindia. com W: transformerindia. com
Century Transformers Pvt. Ltd Registered Office 5, Jatia Road, Bally, Howrah – 711201, India. M: 09830258414, + 91 9903256404 E: swarup _ t @ yahoo. co. in, info @ centurytransformer. com W: centurytransformer. com
Technical Associates Ltd 8th km., Faizabad Road, Ismailganj, Lucknow – 226016. Uttar Pardesh T: + 91( 522) 4053600 E: contact @ techasso. com W: techasso. com
Danish Private Limited: F-679, Sitapura Industrial Area, Jaipur- 302022, Rajasthan, India T: + 91 141 2770150, + 91 8947822222 E: surendra @ danish. co. in W: danish. co. in
LE TRANSFORMERS INDIA LTD Old No. 2, New No. 10, Bagavathi Amman Street, Lakshmi Amman Nagar, Erukkancherry. Chennai – 600118. Tamilnadu, India T: + 91-44-25595271, F: + 91-44-25594271 E: kucheraa @ yahoo. com W: letindia. in
India has been witnessing a significant
transformers, as the products offered by
rise in power demand for the past few
them are considered cheaper and
decades on account of rapid growth in
technologically advanced.
population, industrialization and
According to“ India Power &
urbanization. The government has
Distribution Transformers Market
taken up various initiatives including
Forecast & Opportunities, 2020”, the
Deendayal Upadhyaya Gram Jyoti
power and distribution transformers
Yojana( DDUGJY) for electrification of
market in India is projected to grow at a
rural pockets of India, which has
CAGR of over 10 % till 2020. Power
spurred significant investments in the
transformers contribute a major portion
country’ s power sector. Notable
in overall market revenues due to their
technological upgrades are underway
higher price points. Under the 12thfive
to reinforce the country’ s transmission
year plan( 2012-2017), Indian
and distribution network, which would
government allocated US $ 200 billion
continue to drive the demand for power
for strengthening the country’ s power
and distribution transformers in India.
generation, transmission and
Considering the negative impact of
distribution sector. One of the major
these technological developments on
developments underway includes the
the environment, the industry has been
country’ s shift from 765 kV to 1200 kV
undergoing a paradigm shift towards
power transmission. This, in turn, is
green technologies. As a result,
fueling the demand for EHV and UHV
transformer manufacturers in India as
class power transformer installations
well as in other countries have started
throughout the country. India is also
investing heavily towards their research
focusing on use of alternative energy
and development efforts. Foreign
resources like nuclear and solar energy
players, especially Chinese and Korean
for power generation, which is expected
electrical equipment manufacturers,
to further boost transformer
have captured almost one fourth of
deployments in the country in the
Indian transformers market, mainly in
coming years.
EHV and UHV class power

India Power and Distribution Transformers Market to Grow at over 10 %

India power and distribution
country’ s power transmission and
transformers market to witness robust
distribution( T & D) sector remained
growth due to growing demand for
sluggish during 10th and 11th five year
electricity and government initiatives for
plan due to inadequate investments
power additions. According to recently
allocated by the Indian government.
published TechSci Research report
However, under the 12th five year plan,
“ India Power and Distribution
the Indian government is focused
Transformers Market Forecast and
towards expansion of the country’ s T & D
Opportunities, 2020” the market for
network with significantly higher
power & distribution transformers in
investments than previous five year
India is projected to grow at a CAGR of
plans, which is expected to result in
10.5 % during 2015-20. Growth of the
robust growth of the power &
Spotlight on Indian Electronics 2016 | 244