Posted on 24 Feb 2025
Tags: Power
ELECRAMA 2025 Showcases India’s Energy Vision, Global Partnerships, and Smart Power Solutions |
Speaking at ELECRAMA 2025, the country’s premier electrical industry event, Goyal emphasised that a single, large-scale exposition will position India as the go-to destination for energy solutions, smart grids, and next-gen power technologies.
“India is at the forefront of the global energy transition,
and our electrical industry plays a crucial role in this transformation,” Goyal
stated. “Instead of fragmented expos, we must create one mega event that
attracts global investors, innovators, and policymakers, firmly establishing
India’s dominance in the power sector.”
He called upon industry associations to take the lead in scaling
up India’s domestic manufacturing, expanding exports, and securing
international collaborations. “If we showcase our capabilities at scale, the
world will look to India for the future of electrical innovation,” he added.
India accelerates toward third-largest economy status
Adding further weight to India’s economic ambitions, Vimal
Anand, Joint Secretary, Ministry of Commerce and Industry, made a significant
announcement—India is set to become the world’s third-largest economy by next
year, a milestone that was originally projected for 2030.
“Our infrastructure growth—across logistics, mobility, and
utilities—is accelerating at an unprecedented rate,” Anand stated. “We are no
longer just catching up; we are leading.”
Key industry collaborations and MoUs to expand India’s global
footprint
A major highlight of the event was the signing of Memorandums
of Understanding (MoUs) at the Reverse Buyer Seller Meet (RBSM). These
agreements will strengthen international collaborations, drive foreign
investment, and enhance India’s position in the global power sector.
Industry leaders acknowledged that strategic partnerships
and technology-driven growth are essential to achieving India’s ambitious
energy transition goals.
eTECHnxt Conference Spotlights Digital Transformation and
Clean Energy
ELECRAMA 2025 also hosted the fifth edition of the eTECHnxt
conference, which focused on clean energy, energy storage, carbon markets, and
smart grids. Experts emphasized that India’s power sector transformation
depends on automation, digitization, and workforce upskilling.
A key release at the conference was the whitepaper ‘New
Frontiers in Power Generation’, which explored the role of energy storage in
making renewables cost-efficient and grid modernization more effective.
Global experts discuss India’s role in the future of energy
The event concluded with an insightful roundtable
discussion, ‘Bharat, the Vishwamitra’, led by Dr. Philipp Ackermann, German
Ambassador to India. The session highlighted how structural reforms, smart
infrastructure, and foreign investments can sustain India’s high economic
growth while ensuring inclusive development.
From policy shifts to emerging technologies, ELECRAMA 2025
is setting the agenda for India’s energy future, bridging the gap between innovation,
investment and global collaboration.
With an expanding manufacturing base, a push for renewables and increasing foreign partnerships, India is poised to become a global powerhouse in the electrical industry—one that doesn’t just follow the energy transition but leads it.
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