New Delhi, Dec 4 (PTI) India’s electrical sector is expected to grow at around 8 per cent in the long term as the country’s economy is expanding in the range of 7 to 8 per cent, a senior official said on Thursday.
Addressing the electrical equipment makers’ body, IEEMA’s 13th Edition of Trafotech Global, Chairman of Central Electricity Authority, Ghanshyam Prasad, highlighted the rapidly growing demand in the transformer industry.
He spoke on the need for demand projections and plans to build visibility for the industry.
“We are working closely with IEEMA to bring out plans and demand projections for equipment in the power industry. Our plans for 2034-35 and 2035-36 are already underway and will be announced soon," he said.
The official said that with India’s GDP growing at 7–8 per cen

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