Imports are having a negative impact
By EPR Magazine Editorial April 10, 2015 3:10 pm IST
By EPR Magazine Editorial April 10, 2015 3:10 pm IST
The electrical equipment sector in India comprises of more than 1,000 manufacturers and suppliers (organised segment), of which approximately 80 per cent are SMEs. Indian manufacturers have sufficient capacity to meet the domestic requirement of electrical equipment (both power generation as well as power transmission and distribution equipment). Imports, primarily cheaper electrical equipment, are having a negative impact on the domestic electrical industry. The low-capacity utilisation of the domestic manufacturers severely impacts business performance, hurting their top lines and bottom lines.
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By EPR Magazine Editorial April 10, 2015 3:10 pm IST
The electrical equipment sector in India comprises of more than 1,000 manufacturers and suppliers (organised segment), of which approximately 80 per cent are SMEs. Indian manufacturers have sufficient capacity to meet the domestic requirement of electrical equipment (both power generation as well as power transmission and distribution equipment). Imports, primarily cheaper electrical equipment, are having a negative impact on the domestic electrical industry. The low-capacity utilisation of the domestic manufacturers severely impacts business performance, hurting their top lines and bottom lines.
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