Indian industry to emerge as a global partner for energy requirements
By Admin November 17, 2022 5:24 pm
By Admin November 17, 2022 5:24 pm
As per industry experts, the coming decade in India will witness a dramatic shift in the country being an energy-dependent or importer of energy. The recently appointed Rohit Pathak, President, of the Indian Electrical & Electronic Manufacturer’s Association (IEEMA) shares his plan for the association and industry to continue to drive the transformation and make the industry move towards these new opportunities.
How do you see the evolving landscape of the power and electrical sector?
For India, there are two big shifts. Firstly, we will 8x growth in our per capita electricity consumption will be a big thing, and we will get closer to the world average as lifestyles improve and the electrical connectivity in the country improves. We move more towards electricity as a primary source of energy. The second significant shift for us is India has always been an energy-dependent or importer of energy. This decade offers us an opportunity to become a net exporter or at least self-sufficient in electrons through a mix of renewables, hybrid systems, pumped hydro, nuclear and green hydrogen, which gives us a fantastic opportunity. The third element for us is that world geopolitics is going through a significant change. The Indian industry is probably likely to emerge as the best partner globally for people solving energy requirements. And I think it is an ample opportunity for most of our members and players in the industry.
What efforts can we expect from you at IEEMA this year?
We have had active leaders working to drive change at IEEMA over the last several years. I expect all of us to continue to drive the transformation on how we make the industry move towards these new opportunities and create growth for our members and how we work closely with the government to develop and shape the future of the country on energy and the city. The last aspect we are looking at is how we bring in more and more people, start-ups and educational institutes who can partner with our members and us in creating this future that we wish to move forward.
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