Praful Patel, Union Minister of Heavy Industries & Public Enterprises, recently unveiled the “Indian electrical equipment industry mission plan 2012-2022: base document” at the 64th annual convention of IEEMA (Indian Electrical & Electronics Manufacturers’ Association). The electrical equipment industry faces several challenges which require concerted action by all the stakeholders and policy interventions of the Central and State Governments. It is estimated that the size of the domestic market in generation equipment is expected to reach $ 25-30 billion by 2022 (from $ 5.7 billion in 2011), while that of the T&D equipment industry is estimated to grow to $ 70-75 billion (from $ 18.5 billion in 2011). Hence all the stakeholders – government, manufacturers, policy makers, think tanks – need to proactively collaborate and take concerted and coordinated action so that the industry can further accelerate its growth process and contribute significantly to reducing the power demand-supply gap in the country. The Mission Plan 2012-2022 base document, prepared by Ernst & Young, will make a number of detailed suggestions for actions to be taken by both the government and industry in order to fulfill the goals laid out in the plan. The government’s responsibility would be to facilitate infrastructure creation, promote the country’s capabilities, create a favourable and predictable business environment, attract investments and promote R&D. The industry’s responsibility would be towards issues such as designing and manufacturing quality products, improving productivity, maintaining costs, among others. The Mission Plan 2012-2022 will take about six months to be ready and will be launched before the start of the Twelfth Five Year Plan period. Addressing a large gathering of IEEMA members and media, Praful Patel stressed the need for India to now focus on the next generation of reforms in the power sector specifically the power transmission and distribution sector. IEEMA also announced that Ramesh Chandak has been elected as President, IEEMA for the year 2011-12. Chandak takes over from the current President Vimal Mahendru. In addition, they announced the election of other office bearers J G Kulkarni, Vice-President - Power Systems (Asia), Crompton Greaves Ltd and Raj Eswaran, Director Easun Reyrolle Ltd as Vice Presidents.
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