The theme of ELROMA 2012 consciously seeks to look for answers to the big and evolving pictures of our future, and invites the best minds across the world to actively participate and contribute to make our world a better, cleaner, and more efficient place.
While delivering keynote address on 'Energy efficiency – Potential for Motor Driven Applications, Norovuori said: “ABB has long supported the need for efficiency in motors, and high efficiency products have formed the core of its portfolio for many years. ABB is at the forefront of efforts to reduce global energy consumption and carbon dioxide emissions by supplying safe, reliable and efficient motors”.
Speaking at ELROMA 2012, Ramesh Chandak, President, IEEMA said: “Bridging the demand and supply gap of electricity while maintaining quality of power is an emerging challenge. This can be better managed with Smart Grids and that IEEMA is in the process of putting in place a smart grid cell – a discussion and action forum comprising of senior representatives from Ministry of power, Utilities, IT Industries and IEEMA members” .
Chief Guest, Nakul Mehta VC and MD, Bharat Bijlee Ltd pointed out: “During the next five year plan period from 2012 to 2017, India will see lots of opportunity in the electrical and power sector with massive electricity requirements coming in. IEEMA is working on launching new initiatives like smart grid cells and also working on the 'Evolution of India Vision 2020' in consultation with the industry to make the world a cleaner, greener and more efficient place”.
R Krishnakumar, Chairman, RM Division, IEEMA added: “The rotating machines sector during this current fiscal had its ups and downs. While during the first quarter of the current year, renewed momentum in industrial sectors and power generation sector has seen a pick-up in demand for both LT and HT motors by over ten percent resulting in overall growth of 9.3 percent for rotating machines sector, the sector’s growth declined in the third quarter. ELROMA 2012 is being held at a crucial juncture when the new emerging global standards of energy efficiency will shape a new future”.
India is on an upward curve with its economy growing at a consistently fast pace of eight percent per annum and thereby holds great promise for the industrial growth and its related opportunities. The Indian electrical industry is growing at an AAGR of 10-12 percent in value terms every year and is well on its way to become the manufacturing and sourcing hub for the world. Keeping the growth potential in mind, the industry will also seek urgent attention from the Central Government at the highest level for conducive policy initiatives while entering into 12th plan so as to meet laid down targets of power generation capacity and related transmission and distribution capacity expansions". For a full report, visit http://automotivehorizon.sulekha.com/