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. |