Home News Technical Articles Interviews Cover Story Orders & Contracts
Power Generation
Green Energy

Slowdowns are transient

Em News Bureau ,  Thursday, January 17, 2013, 17:13 Hrs  [IST]

With this edition, Electrical Monitor completes seven years of service to the electrical equipment fraternity. At this momentous juncture, we would like to thank all our readers, advertisers and well-wishers for their unflinching support. Over the years, the publication has grown tremendously in stature, reach and acceptability. It has earned a place of repute in the crowded world of trade journals. None of these achievements could have been possible without the cheerful and unrelenting support from all stakeholders.

There is a mixed feeling as Electrical Monitor marks its 7th Anniversary. The electrical equipment industry, it must be admitted, is passing through a rough patch. For the first time in over a decade, the industry recorded negative growth in the first quarter of FY13. The decline refused to abate in the second quarter and it is widely believed that FY13 would end up as being amongst the most uninspiring years for the electrical equipment industry. Any industry observer will agree that the level of investment activity in the entire power value chain is at its nadir. New orders and contracts from the power T&D sector have stagnated. Excess manufacturing capacities created in anticipation of a surge in demand are idling. As if poor domestic demand were not enough, foreign suppliers, mainly from China and Korea, are flooding the market and grabbing precious market share.

While all this may appear depressing, there is reason to cheer. The power sector is the fountainhead of socio-economic development. If India has to achieve its stated goals of economic growth, there is no way in which the country can disregard the power sector. The main issue stifling the power and infrastructure sectors is policy paralysis.

Technology is our only hope to bring about techno-commercial efficiency in the power T&D sector. The private sector, always known to be the champions of technology, can therefore be the agent of change. Time and again, the government has stumbled in its efforts to bring about widespread privatization in the power T&D circle. Facilitating private participation should be not just a political agenda but an inviolate mission.

This commemorative edition features a special story “Who’s the Best?” It is a scientific and unbiased study to find out the country’s best-performing companies in the power T&D sector. The edition also features interviews with company chiefs of a wide spectrum of industries. Guest articles from industry leaders complete the picture in making this Anniversary Issue a powerhouse of information and insight.

We once again thank our supporters for being on our side, and look forward to celebrating more anniversaries in the service of the industry.
Post Your RemarkYOUR REMARK
* Email :    
  Website :  



© 2017 Electrical Monitor. All Rights Reserved.