2 Industry Analysis

Power generation, transmission, and distribution are essential to the f

country has sufficient power generation capacity, it still lacks adequa
the country works to ensure its citizens have access to power.

There is a major market for electrical equipment in India, with the indu

equipment such as switchgears, boilers, transformers, and transmiss
built, demand in the electrical equipment industry will rise further.

3 Competitor Analysis

Top electrical equipment manufac

The electrical equipment industry in India consists of a mix of multina

ABB
With more than 130 years in business, ABB is an industry leader in en
robotics and discrete automation.

ABB’s electrification offerings include a range of products, digital solu

product solutions and technologies for mechanical power transmissi

Bharat Heavy Electricals

With roots tracing back to India’s independence and its need to build
equipment manufacturing plants. Today, BHEL is a leading power equ
power, transmission, transportation, renewables, water, aerospace an

Suggested reading: Renewable Energy Success Stories from Europe

CG Power and Industrial Solutions
Established in India in 1937, CG has grown into a $2 billion engineerin
India and globally, with manufacturing facilities in nine countries acro

EMCO LIMITED
EMCO was founded in 1964 and has become one of India’s leading providers of power genera
solutions include transformers, energy metering systems, substations, and transition towers a

Fuji Electric
Fuji Electric operates in the areas of power electronics systems, elect
and more. The company’s Indian subsidiary was established in 2009
range of products that include AC drives, motion controllers, semicon

Suggested Reading: 2020’s Top Semiconductor Manufacturers

Larsen & Toubro

With manufacturing facilities in India and several other countries arou
areas of hydrocarbon, infrastructure, power, process industries, and d

Schneider Electric
Founded in 1836 and headquartered in France, Schneider Electric dev
support homes, buildings, data centers, infrastructure, and industries.

Siemens
With 385,000 employees and €87 billion in revenue in 2019, Siemens
medical diagnosis, and infrastructure and industry. Siemens is spinni
operators, the oil and gas industry, and other energy-intensive industr
power distribution.

TD Power Systems
Incorporated in 1999 with headquarters in India, TDPS is a leading manufacturer of AC genera
19 countries around the world, and its generators are used in 72 countries globally.

Toshiba Energy Systems & Solutions

Established in 2017 as a spin-off company from Toshiba Corporation
Group known as Toshiba JSW Power Systems, providing solutions an
India.