Description

The Indian medium voltage (MV) switchgear market is well established with considerable demand from power generation companies, transmission and distribution (T&D) utilities, and industrial end-user segments. The products covered in the research service include indoor switchgear, outdoor switchgear, ring main units and compact substations. Initiatives for expansion and development of T&D network coupled with investments in industrial, infrastructure and construction sectors are likely to spur growth of the Indian MV switchgear market. Focus on key end-users, coupled with a wide product portfolio, competitive pricing, and a well-entrenched market reach are likely to be the key success factors for the Indian MV switchgear market.