We invite your company to seriously consider participating in the next edition of ELECRAMA – the 14th in series – scheduled from 18th to 22nd January 2020 at India Expo Centre, Greater Noida, NCR Delhi. Next year we shall be completing 30 years of ELECRAMA and we are indeed extremely proud of achieving this milestone
Why should you Participate?
Of course the first condition is that you are looking to expand your business to India and beyond.
Some key statistics about India and its electrical market
1. World’s 5th largest economy at GDP of 2.84 trillion USD and growing consistently at an average of 7% per annum.
2. India’s GDP is projected to grow to USD 5 tr by 2025 and USD 10 tr by 2030
3. India is world’s largest democracy with an independent judiciary and has had a stable FDI regime under various governments
4. In Ease of Doing Business India has moved up significantly from 133 to 77th position.
5. Indian Govt is committed to its obligations under WTO and we have very liberal import tariffs. Example the tariff on electrical goods and equipment range from minimum of 2.5% to max 7.5%. This compares very favorably with leading economies of the world
6. Under “Make in India” initiative the Govt has liberalized FDI and immense support is being given to manufacturing sector as it is employment intensive. Foreign Direct Investment (FDI) upto 100% is permitted in manufacturing sector, under the automatic route.
Moving specifically to the electrical industry
7. The per capita power consumption in India is only 1149 kWh/year vs world average which is 3 times. It is just 5% of that of US and 6.6% of Canada. India also has a very young population which is hungry for growth and development. Hence, there is huge growth potential in power sector
8. This is likely to get further impetus with 100% household electrification which is likely to be completed on target by March end this year
9. Infrastructure growth in T&D sector in 13th plan will have opportunity of over Rs. 4 Lakh crs. in 13th plan i.e. USD 60 billion
10. India is also progressing swiftly towards the target of 175GW through Renewables by 2022. We have already touched 70GW. Estimated investment required till 2022 is USD 30 billion
11. The Indian Govt is also committed to rapidly go for electric vehicles in order to overcome two challenges – one of ever increasing oil imports and the other of high pollution levels in most cities. Govt. has plan to set up 60,000 charging stations in next 5-8 years.
12. India has 62000 route kms of railways. 21,400 km require funding of approx USD 5 Billion. In addition, various cities are implementing metro rail projects all of which are on electric traction
Why ELECRAMA is a Must in your India/South Asia strategy
13. Spread over 110,000 sqms it is the largest electricals exhibition in the world
14. Presence of policy makers from central and state governments; Decision makers from Utilities; EPC Contractors; Bulk Buyers such as Railways; Defence; Industry; Realty segments
15. Expected Exhibitors – 1250+ from India and overseas; 10+ country pavilions; exhibitors from 25 countries
16. Visitors – 300,000 footfalls from over 50 countries specially from South Asia – Bangladesh/ Nepal, Sri Lanka, Afghanistan; South East Asia – Indonesia, Thailand; Malaysia; Myanmar; Vietnam; Cambodia, Laos, Philippines, Korea, Taiwan, Japan and Africa – South Africa and many countries of Sub Saharan Africa & Australia
17. One on one meetings with 650+ hosted buyers from 80 countries
18. Knowledge sharing and Networking by participating in conferences such as World Utility Summit; eTechnxt; CEO Summit; Engineer Infinite; Network to Networth etc
19. State of the art venue with multiple food courts; ATM; WiFi facility. It well connected by a 8 lane expressway to New Delhi and now connected with the airport on the Delhi Metro