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Electrical Equipment Market in India 2024-2028

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    Report

  • 146 Pages
  • October 2024
  • Region: India
  • TechNavio
  • ID: 5007841
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The electrical equipment market in india is forecasted to grow by USD 76.24 billion during 2023-2028, accelerating at a CAGR of 14.3% during the forecast period. The report on the electrical equipment market in india provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in number of residential and commercial building projects, rise in power generation from renewable energy sources, and increase in investments in power sector.

The electrical equipment market in india is segmented as below:

By Product

  • Cables
  • Transmission lines
  • Transformers
  • Switchgears
  • Others

By Application

  • Transmission and distribution
  • Generation

By Geographical Landscape

  • APAC
This study identifies the growth in cross-border electricity trading as one of the prime reasons driving the electrical equipment market in india growth during the next few years. Also, emergence of smart grids and rapid growth in infrastructure will lead to sizable demand in the market.

The report on the electrical equipment market in india covers the following areas:

  • Electrical Equipment Market in India sizing
  • Electrical Equipment Market in India forecast
  • Electrical Equipment Market in India industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electrical equipment market in india vendors that include ABB, BGR Energy Systems Ltd., Bharat Bijlee Ltd, Bharat Heavy Electricals Ltd., EMCO Ltd., ETA Elektrotechnische Apparate GmbH, Fuji Electric Co. Ltd., General Electric Co., Kirloskar Electric Co. Ltd., Larsen and Toubro Ltd., Murugappa Group, Schneider Electric SE, Shilchar Technologies Ltd., Siemens AG, Star Delta Transformers Ltd., TD Power Systems Pvt. Ltd., Thermax Ltd., Toshiba Corp., and Ujaas Energy Ltd. Also, the electrical equipment market in india analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Country Market Characteristics
  • Executive Summary - Chart on Market Segmentation by Product
  • Executive Summary - Chart on Market Segmentation by Application
  • Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market
2.2 Market characteristics
  • Market characteristics analysis
2.3 Value chain analysis
  • Value Chain Analysis
3 Market Sizing
3.1 Market definition
  • Offerings of companies included in the market definition
3.2 Market segment analysis
  • Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
  • Chart on India - Market size and forecast 2023-2028 ($ billion)
  • Data Table on India - Market size and forecast 2023-2028 ($ billion)
  • Chart on India: Year-over-year growth 2023-2028 (%)
  • Data Table on India: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Electrical Equipment Market in India 2018 - 2022
  • Historic Market Size - Data Table on Electrical Equipment Market in India 2018 - 2022 ($ billion)
4.2 Product segment analysis 2018 - 2022
  • Historic Market Size - Product Segment 2018 - 2022 ($ billion)
4.3 Application segment analysis 2018 - 2022
  • Historic Market Size - Application Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
  • Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
  • Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
6.1 Market segments
  • Chart on Product - Market share 2023-2028 (%)
  • Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
  • Chart on Comparison by Product
  • Data Table on Comparison by Product
6.3 Cables - Market size and forecast 2023-2028
  • Chart on Cables - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Cables - Market size and forecast 2023-2028 ($ billion)
  • Chart on Cables - Year-over-year growth 2023-2028 (%)
  • Data Table on Cables - Year-over-year growth 2023-2028 (%)
6.4 Transmission lines - Market size and forecast 2023-2028
  • Chart on Transmission lines - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Transmission lines - Market size and forecast 2023-2028 ($ billion)
  • Chart on Transmission lines - Year-over-year growth 2023-2028 (%)
  • Data Table on Transmission lines - Year-over-year growth 2023-2028 (%)
6.5 Transformers - Market size and forecast 2023-2028
  • Chart on Transformers - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Transformers - Market size and forecast 2023-2028 ($ billion)
  • Chart on Transformers - Year-over-year growth 2023-2028 (%)
  • Data Table on Transformers - Year-over-year growth 2023-2028 (%)
6.6 Switchgears - Market size and forecast 2023-2028
  • Chart on Switchgears - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Switchgears - Market size and forecast 2023-2028 ($ billion)
  • Chart on Switchgears - Year-over-year growth 2023-2028 (%)
  • Data Table on Switchgears - Year-over-year growth 2023-2028 (%)
6.7 Others - Market size and forecast 2023-2028
  • Chart on Others - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Others - Market size and forecast 2023-2028 ($ billion)
  • Chart on Others - Year-over-year growth 2023-2028 (%)
  • Data Table on Others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by Product
  • Market opportunity by Product ($ billion)
  • Data Table on Market opportunity by Product ($ billion)
7 Market Segmentation by Application
7.1 Market segments
  • Chart on Application - Market share 2023-2028 (%)
  • Data Table on Application - Market share 2023-2028 (%)
7.2 Comparison by Application
  • Chart on Comparison by Application
  • Data Table on Comparison by Application
7.3 Transmission and distribution - Market size and forecast 2023-2028
  • Chart on Transmission and distribution - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Transmission and distribution - Market size and forecast 2023-2028 ($ billion)
  • Chart on Transmission and distribution - Year-over-year growth 2023-2028 (%)
  • Data Table on Transmission and distribution - Year-over-year growth 2023-2028 (%)
7.4 Generation - Market size and forecast 2023-2028
  • Chart on Generation - Market size and forecast 2023-2028 ($ billion)
  • Data Table on Generation - Market size and forecast 2023-2028 ($ billion)
  • Chart on Generation - Year-over-year growth 2023-2028 (%)
  • Data Table on Generation - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Application
  • Market opportunity by Application ($ billion)
  • Data Table on Market opportunity by Application ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
  • Overview on factors of disruption
10.4 Industry risks
  • Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
  • Companies covered
11.2 Market positioning of companies
  • Matrix on companies position and classification
11.3 ABB
  • ABB - Overview
  • ABB - Business segments
  • ABB - Key news
  • ABB - Key offerings
  • ABB - Segment focus
11.4 BGR Energy Systems Ltd.
  • BGR Energy Systems Ltd. - Overview
  • BGR Energy Systems Ltd. - Product / Service
  • BGR Energy Systems Ltd. - Key offerings
11.5 Bharat Bijlee Ltd
  • Bharat Bijlee Ltd - Overview
  • Bharat Bijlee Ltd - Product / Service
  • Bharat Bijlee Ltd - Key offerings
11.6 Bharat Heavy Electricals Ltd.
  • Bharat Heavy Electricals Ltd. - Overview
  • Bharat Heavy Electricals Ltd. - Business segments
  • Bharat Heavy Electricals Ltd. - Key news
  • Bharat Heavy Electricals Ltd. - Key offerings
  • Bharat Heavy Electricals Ltd. - Segment focus
11.7 EMCO Ltd.
  • EMCO Ltd. - Overview
  • EMCO Ltd. - Product / Service
  • EMCO Ltd. - Key offerings
11.8 ETA Elektrotechnische Apparate GmbH
  • ETA Elektrotechnische Apparate GmbH - Overview
  • ETA Elektrotechnische Apparate GmbH - Product / Service
  • ETA Elektrotechnische Apparate GmbH - Key offerings
11.9 Fuji Electric Co. Ltd.
  • Fuji Electric Co. Ltd. - Overview
  • Fuji Electric Co. Ltd. - Business segments
  • Fuji Electric Co. Ltd. - Key news
  • Fuji Electric Co. Ltd. - Key offerings
  • Fuji Electric Co. Ltd. - Segment focus
11.10 General Electric Co.
  • General Electric Co. - Overview
  • General Electric Co. - Business segments
  • General Electric Co. - Key news
  • General Electric Co. - Key offerings
  • General Electric Co. - Segment focus
11.11 Kirloskar Electric Co. Ltd.
  • Kirloskar Electric Co. Ltd. - Overview
  • Kirloskar Electric Co. Ltd. - Business segments
  • Kirloskar Electric Co. Ltd. - Key offerings
  • Kirloskar Electric Co. Ltd. - Segment focus
11.12 Larsen and Toubro Ltd.
  • Larsen and Toubro Ltd. - Overview
  • Larsen and Toubro Ltd. - Business segments
  • Larsen and Toubro Ltd. - Key news
  • Larsen and Toubro Ltd. - Key offerings
  • Larsen and Toubro Ltd. - Segment focus
11.13 Murugappa Group
  • Murugappa Group - Overview
  • Murugappa Group - Product / Service
  • Murugappa Group - Key offerings
11.14 Schneider Electric SE
  • Schneider Electric SE - Overview
  • Schneider Electric SE - Business segments
  • Schneider Electric SE - Key news
  • Schneider Electric SE - Key offerings
  • Schneider Electric SE - Segment focus
11.15 Siemens AG
  • Siemens AG - Overview
  • Siemens AG - Business segments
  • Siemens AG - Key news
  • Siemens AG - Key offerings
  • Siemens AG - Segment focus
11.16 TD Power Systems Pvt. Ltd.
  • TD Power Systems Pvt. Ltd. - Overview
  • TD Power Systems Pvt. Ltd. - Business segments
  • TD Power Systems Pvt. Ltd. - Key offerings
  • TD Power Systems Pvt. Ltd. - Segment focus
11.17 Toshiba Corp.
  • Toshiba Corp. - Overview
  • Toshiba Corp. - Business segments
  • Toshiba Corp. - Key news
  • Toshiba Corp. - Key offerings
  • Toshiba Corp. - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
12.3 Currency conversion rates for US$
  • Currency conversion rates for US$
12.4 Research methodology
  • Research methodology
12.5 Data procurement
  • Information sources
12.6 Data validation
  • Data validation
12.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
12.8 Data synthesis
  • Data synthesis
12.9 360 degree market analysis
  • 360 degree market analysis
12.10 List of abbreviations
  • List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Product
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Parent Market
Exhibits 8: Data Table on - Parent Market
Exhibits 9: Market characteristics analysis
Exhibits 10: Value Chain Analysis
Exhibits 11: Offerings of companies included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibits 14: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Chart on India: Year-over-year growth 2023-2028 (%)
Exhibits 16: Data Table on India: Year-over-year growth 2023-2028 (%)
Exhibits 17: Historic Market Size - Data Table on Electrical Equipment Market in India 2018 - 2022 ($ billion)
Exhibits 18: Historic Market Size - Product Segment 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on Product - Market share 2023-2028 (%)
Exhibits 28: Data Table on Product - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by Product
Exhibits 30: Data Table on Comparison by Product
Exhibits 31: Chart on Cables - Market size and forecast 2023-2028 ($ billion)
Exhibits 32: Data Table on Cables - Market size and forecast 2023-2028 ($ billion)
Exhibits 33: Chart on Cables - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Cables - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Transmission lines - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Data Table on Transmission lines - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Chart on Transmission lines - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Transmission lines - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Transformers - Market size and forecast 2023-2028 ($ billion)
Exhibits 40: Data Table on Transformers - Market size and forecast 2023-2028 ($ billion)
Exhibits 41: Chart on Transformers - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Transformers - Year-over-year growth 2023-2028 (%)
Exhibits 43: Chart on Switchgears - Market size and forecast 2023-2028 ($ billion)
Exhibits 44: Data Table on Switchgears - Market size and forecast 2023-2028 ($ billion)
Exhibits 45: Chart on Switchgears - Year-over-year growth 2023-2028 (%)
Exhibits 46: Data Table on Switchgears - Year-over-year growth 2023-2028 (%)
Exhibits 47: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 48: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 49: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 50: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 51: Market opportunity by Product ($ billion)
Exhibits 52: Data Table on Market opportunity by Product ($ billion)
Exhibits 53: Chart on Application - Market share 2023-2028 (%)
Exhibits 54: Data Table on Application - Market share 2023-2028 (%)
Exhibits 55: Chart on Comparison by Application
Exhibits 56: Data Table on Comparison by Application
Exhibits 57: Chart on Transmission and distribution - Market size and forecast 2023-2028 ($ billion)
Exhibits 58: Data Table on Transmission and distribution - Market size and forecast 2023-2028 ($ billion)
Exhibits 59: Chart on Transmission and distribution - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on Transmission and distribution - Year-over-year growth 2023-2028 (%)
Exhibits 61: Chart on Generation - Market size and forecast 2023-2028 ($ billion)
Exhibits 62: Data Table on Generation - Market size and forecast 2023-2028 ($ billion)
Exhibits 63: Chart on Generation - Year-over-year growth 2023-2028 (%)
Exhibits 64: Data Table on Generation - Year-over-year growth 2023-2028 (%)
Exhibits 65: Market opportunity by Application ($ billion)
Exhibits 66: Data Table on Market opportunity by Application ($ billion)
Exhibits 67: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 68: Impact of drivers and challenges in 2023 and 2028
Exhibits 69: Overview on criticality of inputs and factors of differentiation
Exhibits 70: Overview on factors of disruption
Exhibits 71: Impact of key risks on business
Exhibits 72: Companies covered
Exhibits 73: Matrix on companies position and classification
Exhibits 74: ABB - Overview
Exhibits 75: ABB - Business segments
Exhibits 76: ABB - Key news
Exhibits 77: ABB - Key offerings
Exhibits 78: ABB - Segment focus
Exhibits 79: BGR Energy Systems Ltd. - Overview
Exhibits 80: BGR Energy Systems Ltd. - Product / Service
Exhibits 81: BGR Energy Systems Ltd. - Key offerings
Exhibits 82: Bharat Bijlee Ltd - Overview
Exhibits 83: Bharat Bijlee Ltd - Product / Service
Exhibits 84: Bharat Bijlee Ltd - Key offerings
Exhibits 85: Bharat Heavy Electricals Ltd. - Overview
Exhibits 86: Bharat Heavy Electricals Ltd. - Business segments
Exhibits 87: Bharat Heavy Electricals Ltd. - Key news
Exhibits 88: Bharat Heavy Electricals Ltd. - Key offerings
Exhibits 89: Bharat Heavy Electricals Ltd. - Segment focus
Exhibits 90: EMCO Ltd. - Overview
Exhibits 91: EMCO Ltd. - Product / Service
Exhibits 92: EMCO Ltd. - Key offerings
Exhibits 93: ETA Elektrotechnische Apparate GmbH - Overview
Exhibits 94: ETA Elektrotechnische Apparate GmbH - Product / Service
Exhibits 95: ETA Elektrotechnische Apparate GmbH - Key offerings
Exhibits 96: Fuji Electric Co. Ltd. - Overview
Exhibits 97: Fuji Electric Co. Ltd. - Business segments
Exhibits 98: Fuji Electric Co. Ltd. - Key news
Exhibits 99: Fuji Electric Co. Ltd. - Key offerings
Exhibits 100: Fuji Electric Co. Ltd. - Segment focus
Exhibits 101: General Electric Co. - Overview
Exhibits 102: General Electric Co. - Business segments
Exhibits 103: General Electric Co. - Key news
Exhibits 104: General Electric Co. - Key offerings
Exhibits 105: General Electric Co. - Segment focus
Exhibits 106: Kirloskar Electric Co. Ltd. - Overview
Exhibits 107: Kirloskar Electric Co. Ltd. - Business segments
Exhibits 108: Kirloskar Electric Co. Ltd. - Key offerings
Exhibits 109: Kirloskar Electric Co. Ltd. - Segment focus
Exhibits 110: Larsen and Toubro Ltd. - Overview
Exhibits 111: Larsen and Toubro Ltd. - Business segments
Exhibits 112: Larsen and Toubro Ltd. - Key news
Exhibits 113: Larsen and Toubro Ltd. - Key offerings
Exhibits 114: Larsen and Toubro Ltd. - Segment focus
Exhibits 115: Murugappa Group - Overview
Exhibits 116: Murugappa Group - Product / Service
Exhibits 117: Murugappa Group - Key offerings
Exhibits 118: Schneider Electric SE - Overview
Exhibits 119: Schneider Electric SE - Business segments
Exhibits 120: Schneider Electric SE - Key news
Exhibits 121: Schneider Electric SE - Key offerings
Exhibits 122: Schneider Electric SE - Segment focus
Exhibits 123: Siemens AG - Overview
Exhibits 124: Siemens AG - Business segments
Exhibits 125: Siemens AG - Key news
Exhibits 126: Siemens AG - Key offerings
Exhibits 127: Siemens AG - Segment focus
Exhibits 128: TD Power Systems Pvt. Ltd. - Overview
Exhibits 129: TD Power Systems Pvt. Ltd. - Business segments
Exhibits 130: TD Power Systems Pvt. Ltd. - Key offerings
Exhibits 131: TD Power Systems Pvt. Ltd. - Segment focus
Exhibits 132: Toshiba Corp. - Overview
Exhibits 133: Toshiba Corp. - Business segments
Exhibits 134: Toshiba Corp. - Key news
Exhibits 135: Toshiba Corp. - Key offerings
Exhibits 136: Toshiba Corp. - Segment focus
Exhibits 137: Inclusions checklist
Exhibits 138: Exclusions checklist
Exhibits 139: Currency conversion rates for US$
Exhibits 140: Research methodology
Exhibits 141: Information sources
Exhibits 142: Data validation
Exhibits 143: Validation techniques employed for market sizing
Exhibits 144: Data synthesis
Exhibits 145: 360 degree market analysis
Exhibits 146: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the electrical equipment market in india: ABB, BGR Energy Systems Ltd., Bharat Bijlee Ltd, Bharat Heavy Electricals Ltd., EMCO Ltd., ETA Elektrotechnische Apparate GmbH, Fuji Electric Co. Ltd., General Electric Co., Kirloskar Electric Co. Ltd., Larsen and Toubro Ltd., Murugappa Group, Schneider Electric SE, Shilchar Technologies Ltd., Siemens AG, Star Delta Transformers Ltd., TD Power Systems Pvt. Ltd., Thermax Ltd., Toshiba Corp., and Ujaas Energy Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growth in cross-border electricity trading."

According to the report, one of the major drivers for this market is the increase in number of residential and commercial building projects.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB
  • BGR Energy Systems Ltd.
  • Bharat Bijlee Ltd
  • Bharat Heavy Electricals Ltd.
  • EMCO Ltd.
  • ETA Elektrotechnische Apparate GmbH
  • Fuji Electric Co. Ltd.
  • General Electric Co.
  • Kirloskar Electric Co. Ltd.
  • Larsen and Toubro Ltd.
  • Murugappa Group
  • Schneider Electric SE
  • Shilchar Technologies Ltd.
  • Siemens AG
  • Star Delta Transformers Ltd.
  • TD Power Systems Pvt. Ltd.
  • Thermax Ltd.
  • Toshiba Corp.
  • Ujaas Energy Ltd.