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Issue HighLights:
The August 2018 edition of IPF focused on 3 industry segments of Electrical & Electronics; Batteries & UPS Systems; and Corrosion Protection. Sharp rise in demand in Q3 & Q4 and stabilised GST helped Indian electrical and electronics (E&E) industry register a record performance in 2017-18. However, rising imports and global slowdown could play a spoilsport to this party. First, Focus Section discusses solutions to some of these lingering issues and highlights new opportunity areas for the Indian manufacturers of electrical and electronics products. The exponentially growing demand for electric power, recurrent power cuts and supply of low quality power in India have led to a rapid expansion of UPS market over the last few years. UPS systems also contribute a significant part of the Indian battery industry segment which is estimated at Rs 13 billion for FY’2014. Focus Section on “Batteries & UPS” tracks the developments in these two critical segments. It is estimated that on an average corrosion eats into about 5 per cent of a country’s GDP – having a negative effect on the economy’s exchequer, affecting growth and sustainability. IPF August 2018 highlights the importance of corrosion protection and deliberates on various methods to mitigate corrosion.
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