View Point
Tulsi Tanti, Founder & CMD, Suzlon Group
The structural changes introduced by the government last year augur well for the Indian economy in the long term. The introduction of the Goods and Services Tax (GST) will have a positive effect on the overall health of Indian economy, especially when accompanied by further reforms. Focused reforms on doing business have helped India move up the rankings on ‘Ease of Doing Business’ by 30 places to 100th position. The expectations from the Union budget 2018-19 are:
Shrinivas Chebbi, President – Building Business, Greater India Zone, Schneider Electric India
- Jan 27, 2018
We expect the Union Budget 2018 to have significant growth-centric announcements in terms of energy conservation and effectively implementing policies in the adoption of safe, reliable efficient and sustainable buildings.
Anil Chaudhry, Country President & MD, Schneider Electric India
- Jan 25, 2018
The years 2016 and 2017 witnessed major policy reforms by the government of India, including GST implementation, a boost to the renewable sector and some specific financial push to the overall infrastructure segment of the country. We expect the upcoming financial year to reap benefits of the investments and initiatives made by the government in the last few years.
Amit Gossain, MD, KONE India
- Jan 23, 2018
The government can propose “Priority Sector” lending status for home loans up to certain limits in metros and non-metros; metros with higher slab and non-metro with a lower slab. This would help people to get access to funding at a cheap cost. This would spur the growth for real estate industry. Today the industry is hard-hit and availability and access to the funds is very difficult.
V.P. Mahendru, CMD, EON Electric Ltd
- Jan 20, 2018
India is all set to become the most-populous country in the world by 2030. An anticipated increase in urban population of 500 million people during 2010-2050 in megacities like Delhi, Mumbai, Bangalore, and Kolkata will pose a huge challenge to meet the electricity demand. Smart LED lighting is the only solution to address the power shortage for lighting purposes which leaves less carbon footprint as compared to conventional lighting solutions such as CFLs, halogens and incandescent lights.
Dr. Hitesh Doshi, Chairman & MD, Waaree Group
- Jan 12, 2018
We welcome this initiative by the Government, as it is bound to increase employment and help achieve the required energy security in the country. The duty will give the necessary boost to solar cell and module manufacturers, and help protect the industry from the long standing challenge faced due to dumping.
Jim Yong Kim, President, World Bank
- Dec 21, 2017
I am very excited to share with you the partnership with Energy Efficiency Services Ltd or EESL, acompany that finances residential and public-sector energy efficiency investments in India. EESLhas already deployed more than 275 million LED bulbs, 4.2 million LED tube lights, and 4 million street lights in municipalities throughout India.
Tushar Gupta, Executive Director, NTL Lemnis
- Nov 1, 2017
Tushar Gupta shares his view point on a recent Nielsen study on LED bulbs available in the Indian markets.
Sameer Gupta, Chairman & Managing Director, Jakson Group
- Sep 27, 2017
We welcome the Saubhagya Scheme launched by Hon’ble Prime Minister Shri Narendra Modi for providing free electricity connections to an estimated 40 million poor households across India, rural and urban. The new scheme is bound to trigger a series of social benefits that electricity can bring to un-electrified households, including creating jobs. With an end-to-end, concept-to-commissioning model, Jakson Group has extensive experience in executing several urban and rural electrification projects across India. With our strong EPC capabilities, we are well positioned to contribute to this key policy initiative that can help meet national development goals.
Soeb Fatehi, Immediate Past President, COSMA
- Aug 13, 2017
Our Control Panel & Switchgear Manufacturers’ Association (COSMA) regularly observes market scenarios and trends from the point of view of technologies, manufacturing processes and customer demands.
Over the last three years we see a rapid change compliances expected by the market. Customers require manufacturers to offer world class products produced locally. They expect manufacturers to guarantee performance of products in conformity to IEC standards to match equipment being used by their own establishments and other comparable establishments in more developed countries.
Complexities of safety requirements are increasing progressively as more employees serve across national borders requiring insurance and legal standardization for EHS practices.
Manufacturers who fail to recognize the forward movement of such technical specifications will face tough conditions in the next half decade before us.