distribution transformers industry over |
market , signaling higher competition |
the next five years . |
ahead for domestic transformer |
Upcoming government projects like |
manufacturers . |
Green Energy Corridor for power |
“ Two major Chinese companies , TBEA |
generation from renewable sources |
and Baoding Tianwei Baobian , have |
would further add to the overall power |
already set up their transformer |
and distribution transformer |
manufacturing units in Gujarat , while |
installations in the country . India has |
other Chinese players are showing |
also entered into a technological |
interest in entering India through joint |
collaboration with Germany under |
ventures and collaborations . Indian |
which Germany would extend its |
companies , on the contrary , are more |
technical assistance for upgrading |
focused towards exports as they earn |
India ’ s existing power grid and facilitate |
higher profit margins on transformer |
flow of renewable energy through the |
exports to countries like the US , South |
grid . Other initiatives like Restructured |
Africa , Cyprus and Iraq . To reduce their |
Accelerated Power Development and |
dependence on overseas laboratories |
Reforms Programme are aimed at |
for testing extra high voltage |
providing basic power infrastructure to |
transformers , Indian players are also |
rural inhabitants and households in the |
focusing on establishing their in-house |
country , thereby buoying the demand |
testing facilities , mainly for UHV class |
for power and distribution transformers |
transformers .” said Mr . Karan Chechi , |
in India . The report also highlights the |
Research Director with TechSci |
increasing penetration of Chinese |
Research , a research based global |
transformer manufacturers in the Indian |
management consulting firm . |