IEEMAIL October, 2007

Document Sample
IEEMAIL October, 2007 Powered By Docstoc
					                              IEEMAIL
                            October, 2007
INDEX_______________________________________________________________

NEWS UPDATE

National
02 - 04

From                                                                    States
05

Corporate
05 - 06

Policy                               &                               Economic
07 - 08

FROM                   OUR                   MISSION                  ABROAD
09 - 12

POWER                          GENERATION                            ANALYSIS
13

INDUSTRIAL
14 - 16

FACTS                                 &                              FIGURES
17 - 24


Prepared by

Indian Electrical & Electronics Manufacturers’ Association
503A, Oswal Chambers, 2, Church Lane, Kolkata 700 001
Tel: 033 6510 7855, Tele-fax: 033 2213 1326,
Email: kolkata@ieema.org

H.O. 501, Kakad Chambers, 132, Dr. A.B.Road, Worli, Mumbai 400 018
Web Site: http://www.ieema.org
Disclaimer: IEEMAIL is an e-bulletin of Indian Electrical & Electronics Manufacturers’ Association.
While every precaution has been taken to avoid errors, IEEMA does not bear any responsibility for
losses/liabilities arising from the use of information provided in this bulletin. As diverse sources have
been consulted for compiling the matter, statements and opinions expressed in this bulletin are not
necessarily those of IEEMA.


NEWS                                                                                         UPDATE
National

Efficiency ratings for fans in offing

After AC & refrigerators , the govt plans to make energy efficiency ratings mandatory for fans.
The Bureau of Energy Efficiency – BEE is planning to initiate strict energy consumption
standards & ratings for fans over the next six months.
Industry sources said that this move is likely to increase the price of fans from next years.
However, consumers may enjoy substantial savings in their electricity bills, which could be as
high as Rs 300 per fan per year for the highest energy efficient fans, said Chairman of IFMA.
Govt’s move may wipe a portion of the small time players in the unorganised sector.
ET: 25.09.07

DoNER meet in Bangkok to promote investment

In a bid to showcase the business potential of the North east & woo investment, the ministry of
the department of north east region (DoNER) has organised a mega event in Bangkok. The
event is being organised by th eindian Govt as part of its effort to open doors to investors from
south east Asia. Mr. Mani Shankar Aiyar would hold tals with Commerce minister of Thailand.
Sectors like power, tourism, inland waterways, food processing, rubber, IT 7 telecom, handloom
7 other forest products have been identified as focus areas of joint collaboration.
Thailand is the first ASEAN country that has shown interest in trade with an investment in the
north east.
ET: 01.10.07

Single window for SEZ nod must

To hasten implementation of SEZ projects across the country, the Union commerce ministry
has asked states to come up with a single window clearance mechanism for SEZ project
developers. Nearly every state govt has been asked to set up a high powered committee for
SEzs and come up with a governance structure for SEzs. Commerce ministry offcila told,”The
board of approval has formally approved 366 SEZs. We expect an investment of rs. 300000
crore in these Sezs & an employment for 4 million people. The govt is keen to see these things
happen as fast as possible.”
Directive to the states come on the heels of union commerce minister Mr. Kamal nath’s recent
announcement that there should be a coordinated effort by all stakeholders so that the SEZ
scheme can fulfil its objectives.
ET: 02.10.07

Power utilities to pay premium for extra coal

Power utilities on expansion mode that require more coal than the linked volumes may need to
buy fuel under commercial terms at a premium from Coal India or its subsidiaries. Interestingly,
the provision that will allow coal supply at premium by CIL has been envisaged under a new
coal distribution policy that is slated to be notified soon. Linkaged volume refers to the amount


                                                   2
of coal that power companies will receive from CIL. This is determined at the start of each year
after discussions with CIL, Power utilities, the Railways, the ministry & other stakeholders.
Fuel sale agreement (FSA), on the other hand, refers to agreemens signed between power
utilities & CIL subsidiaries on price of coal & the volumes to be lifted. Such agreements are
generally entered into between the power utilities & coal suppliers like CIL& its subsidiaries.
ET: 09.10.07

Power sector may invest $177 billion in 11th plan

Planning commission has envisaged an investment of $177 billion (about Rs 725,000
crore) for the power sector during the 11th five year plan (2007-12) to add 60,000 MW
of additional power generation capacity & strengthen transmission & generation
network. This is substantially less than the estimate of Rs. 1032,000 crore made by the
working group on power sector, appointed by the commission earlier with power
secretary as its head.
ET: 05.10.07

Small cos see robust exports amid firm Re

A majority of India’s small & medium sized enterprises expect double digit growth in exports in
the next six months although a firm rupee was squeezing their profit margins. A survey by CII
said that small firms are expecting more than 20% growth in exports during October –March,
while an equivalent number of respondents forecasted 10-20% growth.
ET: 04.10.07

Power sector may invest $177 billion in 11th plan

Planning commission has envisaged an investment of $177 billion (about Rs 725,000 crore) for
the power sector during the 11th five year plan (2007-12) to add 60,000 MW of additional power
generation capacity & strengthen transmission & generation network. This is substantially less
than the estimate of Rs. 1032,000 crore made by the working group on power sector, appointed
by the commission earlier with power secretary as its head.
ET: 05.10.07

Jharkhand, UP Bihar to set up joint power projects

Three states have approached power ministry for setting up a 1300 MW coal fired power
project with investment of over Rs 6000 crore. JV project would use coal from four to five
different blocks located in all the three states which sre lying in close vicinity to each other.
There are chances that the project being in Bihar as it would be easy to source available coal
from all three points.
The move is expected to work as a shot in the arm of the Central govt, as it is struggling hard
to meet the capacity addition target during the 11th & 12th plan periods. Presently CEA is
conducting feasibility study for the project.
ET: 15.10.07

Engg. Industry seeks input policy

The engineering industry has approached the govt for formulating a national policy on items
such as pig iron, nickel & primary steel products that serve as raw materials for the industry.
The prices of these raw materials have been rising of late. The industry is lobbying for a policy



                                               3
like this, which, it believes, will enable it to compete in the overseas markets & also beat the stiff
competition from China. EEPC has submitted a memorandum to the commerce ministry in this
respect. The council has also urged the govt to reduce import duty on raw materials, which are
not manufactured or produced in India.
ET: 19.10.07

Centre allows used machinery imports for SEZs

The govt has decided to allow SEZ units to import used plant or machinery without any
quantitative restrictions provided the machinery was not used by the assessee (unit owner) or
previously used in India. SEZ units will also be allowed to use second-hand machinery and plant
previously owned by the assessee or used in the country to the extent of 20% of the total value
of the machinery or plants used in the business.
ET: 23.10.07

Italy to support Indian SMEs, invest 3 million EURO

Italy will invest over 3 million euro for a project aimed at developing India’s small & nedium
enterprises & make them globally competitive. The three year project, called Consolidated
projects for SMEs Development in India would be overseen by the ministry of micro, small &
medium enterprises. The UNIDO would be the implementing agency.
ET: 23.10.07

Plan Panel proposes electricity fund

The planning commission proposed setting up a National Electricity fund to generate resourses
for improving the power distribution network in the country. The proposal will form part of th
e11th Five year plan. In addition, govt plans to float power binds- Vidyut vikas Patra- to
mobilise rs 50,000 crore.
ET: 26.10.07

Capacitors to attract concessional rate tax; SC

The supreme Court has held that capacitors are electronics goods & thus, subject to
concessional rate of tax. Capacitors are components used in electronic circuits.
ET: 26.10.07




NEWSPDATE
From States

West Bengal:


                                                  4
CESC to raise Rs 600 cr for Haldia project

CESc decided to raise $150 million of fresh resources to part-finance its Haldia Greenfield
thermal power venture & also beef up its existing power distribution network. “Options include
both the domestic & overseas markets, either through placements to qualified institutional
buyers or a GDR issue’, said top CESC official. Incidentally CESC plans to invest Rs 19,000
crore in power & retail sectors. It plans to eventually spend Rs 8000 crore on the 2000 MW
Haldia project for which it has already acquired a little over 200 acres to execute the first phase.
ET: 17.10.07

NEWS                                                                                        UPDATE
Corporate

Exide to enter lead smelting & recycling biz

Exide industries has decided to enter the lead smelting & recycling business. The company is, in
fact, in the final stages of acquiring a local smelting unit for its foray into this space. It has lined
up a modest investment of Rs 25 crore for this.
The proposed acquisition would help Exide to increase the use of recycled lead & lead alloys for
making storage batteries.
ET: 01.10.07

India seeks more access to ASEAN

India has demanded that ASEAN countries should provide improved market access to 783 items
including key manufactured goods like auto parts.
The enhanced market access sought by India is not only in the form of tariff reductions, but also
involves removal of non-tariff barriers. A number of agriculture products are also part of the 1st
which has been submitted to ASEAN.
ET: 02.10.07

Jai Balaji to ink steel MoA with state

Jai balaji Industries is set to sign a MoA with the West Bengal govt for setting up a 5 million
tonne steel plant at an investment of Rs 16,000 crore. Despite shortage of iron ore, WB has
attracted investors who are planning to use iron ore fines from resource-rich Jharkhand &
Orissa. The company’s plan also includes a 1215 MW power plant. The first phase would also
include a 1 mt cement plant & 400 MW power plant. The initial phase would entail an
investment of Rs 4500-5000 crore.
ET: 04.10.07




Videocon to rope in US firm state projects

Acquisition of a sizeable 3000 acres will largely influence the $3 billion Videocon group’s
decision to rope in a US joint venture partner for its proposed Rs 15000 crore integrated steel
plant & captive power plant in West Bengal. Videocon inked a MoA with the WB govt for the
twin projects.




                                                   5
The group has already floated a SPV for making a foray into steel & power. “The US company
will peak up a 50% stake in the SPV.” The group will set up an integrated 3 million tonne
capacity plant for steel & 1200 MW power plant at asansol-Durgapore region.
ET: 05.10.07

Wal-Mart launches own brand of energy efficient CFLs

Wal-Mart stores Inc said that it has launched its own private label of CFLs & is now selling the
“Great Value” energy efficient bulbs in more than 3000 stores. It strives to sell 100 CFLs by the
end of 2007.
ET: 21.09.07




NEWS                                                                                  UPDATE
Policy & Economic

Small cos see robust exports amid firm Re

A majority of India’s small & medium sized enterprises expect double digit growth in exports in
the next six months although a firm rupee was squeezing their profit margins. A survey by CII
said that small firms are expecting more than 20% growth in exports during October –March,
while an equivalent number of respondents forecasted 10-20% growth.


                                               6
ET: 04.10.07

Direct tax mopup rises 11% in H1 to Rs 1.03 cr

The govt’s direct tax collections grew 10.8% to Rs 103,134 crore in the first half of the current
fiscal. The total collections for apr-sept do not include service tax collections for sept’07. Direct
tax collections have clocked 40% growth in apr-sept. customs collections grew 16.1% to rs
48,480 crore.
ET: 10.10.07

Exports beat rupee blues, log 18.9% growth in Aug

The appreciating rupee has not been able to take much sheen out of India’s overall export
performance with exports registering a 18.91% growth in august 2007 valued at $ 12.68 billion
over $10.66 billion of exports in august 2006. Despite a few set backs like textiles & leather,
others like engineering gems & jewellery & petroleum are still contributing to the growth. The
pace of growth, however, is much lower than the 41.4% growth registered in august 2006 over
the same month in 2005.
Import registered a growth of 32.64% at $19.57 billion in August 07 compared to the same
month in the previous year.
ET: 02.10.07

No refund of state taxes for exporters

Exporters looking forward to reimbursement of state level taxes by the Centre are in for
disappointment. The revenue department had shot down the proposal for state tax exemptions
made by the commerce department. Sources close to the development said that while the
commerce ministry department was looking at the possibility of taking up the issue with the
Union cabinet & the PM’s office, there was a strong possibility that DEPB would continue in its
present form for the next two years. It must be mentioned here that the commerce dept had
earlier agreed to replace the popular yet controversial DEPB scheme. The DEPB scheme has
been challenged at the WTO a few times by the EU for being non-transparent.
ET: 12.10.07

S&P pegs growth rate at 8.6% in FY08

Global rating agency S&P forecast a slowdown in Indian economy to 8.6% this fiscal due to
high interest rates & appreciating Rupee, but expected no change in key rates & cash reserve
ratio in RBI’s credit policy. But the strong domestic demand would ensure that India maintains
high growth. The moderation from last year’s 9.4% to 8.6% this year, therefore reflected a soft
landing, said S&P its mid-year review.
ET: 10.10.07

Asia may soon eclipse US as global R&D hub

The focus of global R&D is shifting from the US to Asia, specifically India & china, a new study
shows. In ten years, the global R&D activity will shake loose the near-domination that the US
has held for the past 50 years, and be split into thirds between US, EU and Indi 7 China in
terms of efforts, funds & activity.
The shift, finds the study, is not just in terms of expenditures & investments but also in
structural upheavals in the R&D enterprise and the complex interplay between funders &
performers. The study, conducted by Batelle, the world’s largest independent organisation


                                                 7
based in the US, finds that the long history of R&D interactions among US, western Europe &
Japan ha s been growing to include the rest of Asia. “The growth has been unlike any other in
recent years, and it foretells the approach to a new equilibrium in global scientific &
technological practice,” said Jules Duga, a senior researcher & global expert on R7D trends.
ET: 15.10.07

Direct tax mopup rises 11% in H1 to Rs 1.03 cr

The govt’s direct tax collections grew 10.8% to Rs 103,134 crore in the first half of the current
fiscal. The total collections for April-September do not include service tax collections for
sept’07. Direct tax collections have clocked 40% growth in April-September. Customs
collections grew 16.1% to Rs 48,480 crore.
ET: 10.10.07




CPI for urban workers inches up to 515 points
The all India consumer price Index (CPI) for urban non-manual workers inched up to
515 points in august compared to 514 points in the previous month, mainly due to an
increase in the prices of food, beverages 7 tobacco.
ET: 25.10.07




NEWS UPDATE                                                                              FROM
MISSION ABROAD

GUYANA:
Economy - Consumer Price Index (CPI)
The Bureau of Statistics reported in September that the inflation was 13.3% in July, an increase
from 12.3% in June, and 88% of this 1% rise has been attributed to the food index. It was also
reported that the Urban (Georgetown) Consumer Price Index (CPI) rose overall by 1% having
moved from an index value of 246.1 in June to 248.6 in July. Price increases declined 2.5% in
May, 1.3% in June and 1.0% in July which was primarily due to movements in the two
categories of food and footwear & repairs, in which prices increased by 2% and 1.3%,
respectively. Milk products increased by 7.6%, oils and fats by 6.4%, condiments and spices by
6.9% and cereal products by 3.9%. The sub-group of meat, fish and eggs rose by 3.6%. There
was also an overall increase of 2.7% for the sub-category of fruits and fruit products. There was




                                               8
a decline in vegetables and vegetable products by 7.2% and also for sugar, honey and related
products by 0.5%.
Inter-American Development Bank (IDB)
On July 6, 2007, the IDB provided Guyana a sum of US$356.5 million debt relief. This debt
relief reduced the net present value of Guyana’s total external debt from 122% of Gross
Domestic Product (GDP) at the end of 2007 to only 38%. Guyana has also benefit from an
additional G$119 million in savings from cancelled interest payments.
The Government of Guyana signed an agreement with the IDB on July 11, 2007 for a
programme to rehabilitate the transport infrastructure, which is estimated to cost of US$27
million. IDB has provided US$24.3 million for this project with the reminder US$2.7 million
provided through counter part funding from the Government of Guyana.
IDB President Mr. Luis Alberto Moreno visited Guyana from August 5-6, 2007 to discuss
Guyana’s development agenda and the involvement of IDB in the implementation process, as
well as to participate in the Bio-Energy Conference which was held at the Guyana International
Conference Centre on August 6, 2007, among several other issues. IDB is reported to be
Guyana’s largest financer. During the visit of IDB, the following developments taken place:

        1. IDB on August 5, 2007 signed an agreement with the Government of Guyana for
           financing feasibility studies for the improvement of the Georgetown to Lethem
           road, which is expected to link Guyana and Brazil. This project is expected to cost
           US$ 1.125 million, with IDB funding of US$ 900,000 and the remaining of US$
           225,000 being funded by the Government of Guyana.
        2. Guyana is expected to benefit from a US$ 850,000 grant from Japan through the
           IDB technical cooperation programme that will evaluate and screen bio-energy
           project proposals.

        3.   IDB approved US$ 20 million for Sustainable Energy, Climate Change Fund, to
               support economically and environmentally sound energy options and effective
               responses to climate change in the Latin America and the Caribbean.

BULGARIA:
* Slovak power utility Slovenske Elektrarne finalised on September 20 the deal to acquire
full control of the power plant in the town of Russe on the Danube in northern Bulgaria.
Bulgaria's Privatisation Agency said that it transferred its stake in the power plant to the Slovak
company after it paid the agreed price and the competition watchdog gave its nod for the deal.
Earlier this year, the agency picked Slovenske Elektrarne to buy 100% of the plant's shares for
EUR 85.1 M. Under the terms of the contract, Slovenske Elektrarne cannot sell a majority stake
in the power plant in the first three years after acquisition without the accord of the Bulgarian
government. Additionally, it cannot shut down the power plant, nor cut its payroll during the
same period.
* 3 large projects for modernization of Bulgaria's railway infrastructure, amounting to
more than EUR 20 million, will kick off soon. Deputy Minister Vesela Gospodinova signed
the agreements with the contractors for the second stage of the reconstruction and
electrification of Plovdiv-Svilengrad, sign installation for Plovdiv-Svilengrad, and technical
assistance for Vidin-Sofia.
India's investment interests:



                                                9
Investment climate in Bulgaria is characterized by a three year average GDP growth of 6 %
culminating to 6.5% in 2006 and with FDI at 13.6% of GDP in 2006 amounting to Euro 4.02
billion. 80% of the Bulgarian economy is now in private sector. Bulgaria has also got an
investment rating of BBB by S& P and Fitch. After its accession into the European Union, it can
also serve as a gateway to EU for Indian investments. The recent cutting of corporate tax rates
to 10% puts Bulgaria as a country having one of the lowest corporate tax rate among EU
countries.
The key sectors in Bulgarian economy eliciting foreign investments are Real estate, renting and
business activities, Financial Intermediation and Construction. India’s investment interests may
be governed by India’s strengths in these sectors apart from India’s inherent strength in the
field of ICT where some Indian companies have evinced interest in setting up BPO units in
Bulgaria. In the pharmaceutical sector, some of the Indian companies are interested in starting
its operations. FICCI has also shown interest in collaboration in the field of wine production,
food-processing, food-pulp and honey between Indian and Bulgarian
The principal five export destinations of Bulgaria
                                                                     (Figures in USD million)
         Bulgarian exports        Jan-July 2006       Jan-July 2007        Changes in % age
         to:
             Turkey                    1 079.3               1 206.1              11.74

                  Germany                            955.33               1160.7             21.5

                  Italy                              1 040.9            1 138.99              9.41
                  Greece                             906.02              984.24               8.63
                  Belgium                            632.17             663.10                4.89
                  India                               21.7               11.03              - 97.27
                  Total Bulgarian                    9 657.2           10 490.8               8.63
                  Exports
            Source: National Statistical Institute
            The principal five import sources of Bulgaria
                                                                                           ( in mln USD)
                  Bulgarian imports                    Jan-July       Jan-July 2007     Changes in % age
                  from:                                  2006

               Russian Fed.                             2 052.2          2 246.76             9.47
               Germany                                  1 716.9           2 091.2             21.80
               Italy                                    1 418.5           1 527.3             7.67
               Turkey                                    853.2           1 211.03             41.93
               Greece                                    911.5            1 095.2             20.15
               India                                     17.06             41.97             146.01
            Total Bulgarian imports                    14 169.9          16 817.0            18.68
Source: National Statistical Institute


The principal five import items of Bulgaria in 2006 and India's share therein.

                                                                               (in mln USD)
S. No.        Items                                             Total imports of     Imports from     India's share in
                                                                Bulgaria in 2006     India            the total
                                                                                                      Bulgarian
                                                                                                      imports


                                                               10
    1         Machinery and transport equipment              7 613.8                 12.43              0.16
    2         Mineral fuels, lubricants and related          5 725.9                   0                  -
              materials
    3         Manufactured goods classified                  5 274.0                 13.65              0.25
              chiefly by material
    4         Petroleum, petroleum products,                 4 455.9                  0                  -
              related materials
    5         Road vehicles                                  2 621.35                2.46               0.09
Source: National Statistical Institute

The top five items of exports of Bulgaria in 2006 and India's share therein.
                                                                                      (in mln USD)
  S.        Commodity                            Total items of         Export to       India's share
 No.                                               export of              India         therein (in %
                                                Bulgaria in 2006                            age)
   1        Manufactured goods, classified          5 187.7               8.93              0.17
            chiefly by material
   2        Miscellaneous manufactured                 3 263.9            6.75                 0.20
            articles
   3        Non-ferrous metals                         2 723.3             0.12               0.004
   4        Mineral fuels, lubricants, and             2 640.8            0.313               0.011
            related materials
   5        Machinery and transport                    2 297.6            12.4                 0.53
            equipment
Source: National Statistical Institute

A. The top five items in the Bulgarian exports to India in 2006

                                          (in US$ thousand)
  S.          Top Five Items in Bulgarian Exports to India                          2006
   1           Manufactured goods classified chiefly by material                    9 002.9
   2           Machinery and transport equipment                                    8 138.7
   3           Food and live animals                                                6 655.0
   4           Crude materials, inedible, except fuels                              5 957.8
   5           Cereals and cereal preparations                                      5 920.8
Source: National Statistical Institute

The top five items in the Bulgarian imports from India in 2006

       (in US$ thousand)

S.             Top Five items in the Bulgarian imports from India       2006
   1            Manufactured goods classified chiefly by material                   13 714.5
   2            Machinery and transport equipment                                   12 435.7
   3            Chemicals and related products                                      11 132.1
   4            Textile yarns, fabrics, made-up articles                             7 111.1
   5            Miscellaneous manufactured articles                                  6 756.7




                                                      11
POWER GENERATION ANALYSIS

                                        Power generation up 8.3%

Although the growth in hydel power generation receded to 4.8 per cent in September 2007,
high reservoir levels and above normal rainfall enabled a sharp rise in cumulative output during
April-September 2007. At 73 per cent, hydel power generation increased by 14.3 per cent
during the first six months of fiscal 2008. While thermal electricity generated by utilities rose
by 2.8 per cent in September, nuclear electricity output dipped by 10.7 per cent. Of the six
nuclear power plants, four recorded a decline in output. During April-September 2007, power
generation from thermal and nuclear power plants recorded a 5.4 per cent rise and one per cent
decline, respectively. Resultantly, total power generation grew by 7.6 per cent over and above
6.6 per cent increase.

While demand for power in India rose by 8.6 per cent in August 2007, its availability
augmented by 10 per cent. This enabled a 11.8 per cent decline in power shortage. As a
percentage of requirements, power shortage dipped to 5.1 per cent as compared to 6.2 per cent
witnessed during the corresponding month last year. A more than a proportionate increase in
availability (8.7 per cent) vis-à-vis requirement (7.3 per cent) resulted in a fall in power shortage
to 7.3 per cent during April-August 2007.

Power Generation Statistics

                Therm &      Therm &          Hydel          Hydel            Total       Total             PLF of
Power
                    nuc.         nuc.        power        power            power        power         therm.
shortages
                  Power       power      generation generation        generation generation        plants
             generation generation
                 (Billion          (%        (Billion            (%         (Billion          (%             (%)
(%)



                                                        12
                     kWh)     change)            kWh)       change)            kWh)         change)
Sep 2006     40.95          10.6        13.10           14.9          54.38       11.7           71.20            5.90
Oct 2006      45.81           7.0         11.25          23.3          57.46       10.0           75.60            7.43
Nov 2006      43.74           4.8           7.90            5.0         51.97        5.2           76.60          10.67
Dec 2006     49.99          10.9           8.72          22.6          58.97       12.9          79.10           12.17
Jan 2007     50.61            8.6          7.56            6.1          58.35         8.5          82.60          12.51
Feb 2007     46.86            7.9          5.83          -14.1          51.91        3.4           82.20          11.71
Mar 2007      50.67           5.7          7.96           17.7          58.86         7.6          82.70          13.48
Apr 2007      48.96           6.8          8.72           16.7          58.01         8.7           82.30         11.66
May 2007      50.84            8.9          9.57           8.8          60.78         9.3           83.50           8.05
Jun 2007     46.59            6.0        10.01             8.3         57.08         6.8           76.80           6.41
Jul 2007     42.25           -1.2         15.35           42.0          58.32        8.3           70.00            5.37
Aug 2007      42.50           7.7         15.64             8.1         59.04        8.7            73.10           5.05
Sep 2007     41.94           2.4         13.73             4.8         56.55        4.0

             Apr-Sep        Apr-Sep      Apr-Sep          Apr-Sep       Apr-Sep       Apr-Sep           Apr- Aug
Apr-Aug
2006-07     259.66           5.2         63.88           12.4         324.98          6.6             73.80        8.49
2007-08     273.08           5.2         73.01           14.3         349.78          7.6             76.50        7.34

            Apr-Mar         Apr-Mar       Apr-Mar           Apr-Mar       Apr-Mar       Apr-Mar               Apr-Mar
Apr-Mar
2006-07      546.15          6.2        113.36           11.9         662.51          7.3             76.80        9.86



NEWS                                                                                                           UPDATE
INDUSTRIAL

                                Growth indices for Electrical Industry

IEEMA collects production/sales data for 12 different electrical products on monthly basis for
compilation and circulation in the form of production/sales statement. Based on these monthly
reports, IEEMA compiles and monitors Growth indices for Electrical Equipment Industry on
monthly basis. Growth over Cumulative period as compared to the same period of previous year
is given below.

                                  Product Group                                                       May 2007
           Rotating Machines                                                                            15.7
           Switchgear & Control gear                                                                   14.16
           Cables                                                                                       4.79
           Transformers                                                                                15.03
           Capacitors                                                                                  -18.79
           Meters                                                                                       4.52
           Transmission Line Towers                                                                     -6.89
           Overall Growth of Electrical Equipment Industry (Weighted)                                   7.92




                                                          13
                                            Import & Export Statistics

IEEMA collects and circulates import and export data of select ports from a private agency. The ports covered in
the data are:
Air and Sea ports of Mumbai, Chennai, Kolkata, Cochin and Vizag, Sea ports of Nhava Sheva (JNPT) and
Mangalore,ICD Tughlakabad (w.e.f. April 2004)

                                          April 2007 to July 2007
Sr.                                                                                       (Value in Rs. Lakhs)
No.               Product Group                                                         Import               Export
 1    Stepper, Micro, Wiper motors etc..                                                11,705.82         4,065.79
 2    DC motors & generators                                                            14,377.29         1,959.77
 3    FHP Motors                                                                         1,892.76        10,450.91
 4    AC Motors                                                                          8,897.37         2,215.90
 5    AC Generators                                                                      4,082.32         4,047.49
 6    Generating sets with Diesel engines                                               15,883.61         4,902.26
 7    Liquid dielectric Transformers- up to 650 kVA                                      2,491.99         1,814.22
 8    Liquid dielectric Transformers- above 650 kVA                                      2,337.01        25,268.65
 9    Power Capacitors                                                                   2,049.05           455.56
 10   HV Breakers                                                                          416.53           414.64
 11   LT Fuses - all types                                                               2,039.30         5,106.51
 12   Air circuit breakers                                                                 734.68         1,021.41
 13   Moulded case circuit breakers                                                        616.35         1,107.51
 14   Miniature circuit breakers                                                           138.39         1,049.47
 15   Other Automatic circuit breakers                                                   8,121.27           704.65
 16   MCC, PCC & Switchboard/Panels for voltage not exceeding 1,000 V                   18,580.60        10,572.50
 17   MCC, PCC & Switchboard/Panels for voltage exceeding 1,000 V                        1,800.05         8,465.29
 18   Halogen Lamps                                                                      1,176.12           170.09
 19   Compact Flourecent Lamps                                                           3,445.78         3,425.40
 20   Mercury Vapour,Sodium Discharge,Metal Halid Gas Discharge Lamps                    1,063.32            95.95
 21   LV Cables                                                                            370.61         3,232.02
 22   HV Cables                                                                          2,454.74        12,346.25
 23   Electrical insulators of ceramics - Procelain disc/post/pin                        1,785.62         3,052.51
 24   Electrical insulators of other material                                            3,489.69         1,846.67
 25   Electricity Energy Meters                                                          2,259.09           276.92
 26   Other measuring instruments like Ammeters, Voltmeters, Capacitance Meters etc..    1,824.89         1,751.26
 27   Transmission Line Towers                                                              11.68         5,389.46




Production Statistics



                                                      14
       Name of Product            Accounting        Production                               Previous
                                                                            From July
                                     Unit             For the Month            2006       Highest Annual
                                                         June-07           to June 2007     Production
Electric Motors
AC Motors - LT                       000' KW                      582              6462             6228
AC Motors - HT                       000' KW                      164              2050             1889
DC Motors                            000' KW                       54               632              618
AC Generators                       000' KVA                      732              7793             7183

Switchgears
Contactors                           000' Nos.                     379             3612             3489
Motor Starters                       000' Nos.                      93             1073             1037
Switch Fuse & Fuse Switch Units           Nos.                   81646           937507           947878
Miniature Circuit Breakers          000' Poles                    4799            51418            49664
Circuit Breakers - LT                     Nos.                   92921           808320           809163
Circuit Breakers - HT                     Nos.                    5509            56150            53487
MCC, Control Panels, Sw. Boards     Rs. Lakhs                    14834           182272           182219
HRC Fuses & Overload Relays          000' Nos.                    1216            13169            12813

Power Cables                *               KM                   12130           155538           151842

Power Capacitors - LT & HT         000' KVAR                     1473             14453            15589

Transformers     *
Distribution Transformers           000' KVA                     3358             36470            35433
Power Transformers                  000' KVA                     8208             80093            77844

Instrument Transformers
Current Transformers                000' Nos.                      48             36470              466
Voltage Transformers                     Nos.                    3997             46146            42931

Energy Meters                       000' Nos.                     986             12420            12488

Transmission Line Towers             000' MT                          41            412                 404
    Weighted Production
   *NA Not Available




NEWS                                                                                  UPDATE
Facts & Figures


                                               15
16
17
18
19
20
21
22
      IEEMAIL: October’07
***




23

				
DOCUMENT INFO
Description: videocon-history pdf