Government Supports India's Ambition to Export Power Equipment

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Government Supports India's Ambition to Export Power Equipment

Synopsis

India is set to become a leading exporter of power equipment as global interest grows in its manufacturing capabilities. The government is committed to supporting the industry through policies, resources, and innovation platforms, as highlighted at the ELECRAMA 2025 conference.

Key Takeaways

  • India aims to be a major exporter of power equipment.
  • Government support includes policy frameworks and access to raw materials.
  • Focus on clean energy and grid modernization is paramount.
  • Global partnerships are being fostered for energy transition.
  • Women are increasingly involved in the power and green industries.

New Delhi, Feb 24 (NationPress) India is progressing towards becoming a significant exporter of power equipment, with international companies expressing keen interest in the nation's manufacturing capabilities, according to Pankaj Agarwal, Secretary of the Ministry of Power.

“The government is wholeheartedly dedicated to backing the power sector—whether through policy frameworks, access to essential raw materials, or testing infrastructure to realize this objective,” Agarwal remarked during his speech at the ELECRAMA 2025 global conference in Greater Noida, located on the outskirts of Delhi.

Emphasizing the evolving energy landscape in India, he noted that the government is focused on promoting clean energy, modernizing the grid, and enhancing domestic manufacturing.

“Events like ELECRAMA 2025 offer an ideal platform for industry leaders to align with national objectives and foster innovation in power and energy,” Agarwal added.

ELECRAMA serves as the principal exhibition of the Indian Electrical & Electronics Manufacturers' Association (IEEMA).

A World Utility Summit (WUS) was also inaugurated at the conference, paving the way for global collaborations in energy transition, AI-driven power solutions, and future-ready utilities with decarbonization strategies.

NTPC's Chairman and Managing Director, Gurdeep Singh, reaffirmed the public sector power giant’s leadership in India's goal of achieving 500 GW of non-fossil fuel capacity by 2030.

He asserted, “ELECRAMA 2025 exemplifies India’s rapidly transforming power sector. The extensive range of innovative products and equipment showcased symbolizes the success of the 'Make in India' initiative.

With a robust manufacturing ecosystem and increasing global engagement, India is well-positioned to not only fulfill its domestic energy requirements but also establish itself as a key exporter of high-quality power equipment,” he stated.

Participants from multinational corporations included Luc Remont, Chairman & CEO of EDF; Manish Pant, EVP of Schneider Electric; Vera Silva, CTO of GE Vernova, and Guilherme Mendonca, CEO of Siemens Energy India.

The summit also featured the unveiling of a comprehensive whitepaper detailing the necessity to rethink business models, reimagine policy frameworks, and improve consumer engagement to promote sustainable progress.

A 'Women in Power' session was conducted at the conference, highlighting gender-inclusive policies, financial empowerment, and the increasing participation of women in STEM and green industries.

The CEO Roundtable, held on the initial day of the conference, set a vibrant precedent with the involvement of over 120 industry leaders, policymakers, and global specialists, who discussed pressing topics such as energy transition, smart grids, clean mobility, and AI-driven power management.

The discussions emphasized India’s commitment to fortifying its power infrastructure, nurturing innovation, and achieving its net-zero targets through strategic collaboration between industry and government.