Annual Convention 2015 & 68th AGM

IEEMA Annual ConventionWith the government’s emphasis on ‘Make in India’ and related programs, there is a sense of heightened expectations from industry and other stakeholders. Within the power sector the ambitious schemes of ‘Deen Dayal Upadhyaya Grameen Kaushalya Yojana’ and ‘Integrated Power Development Scheme’ coupled with emphasis on renewables, the emerging business opportunities seem to be very promising. Government has also been on the right direction by making efforts towards ‘Ease of Doing Business”. Against this backdrop IEEMA organised its annual convention on the theme of “emPOWERing – Make in India”. The annual convention was inaugurated by Shri Anant Geete, Minister for Heavy industries and

Public Enterprises and Shri Kalraj Mishra Minister of Micro, Small and Medium Enterprises.

Mr Vishnu Agarwal, Immediate Past President, IEEMA

Mr Vishnu Agarwal, Outgoing President, IEEMA gave the welcome speech where he mentioned that, “Sir, we at IEEMA are indeed thankful for your continued support.

I will take this opportunity to recall some of the salient points from your inaugural address at the Intellect exhibition, most of which we have been able to carry forward. Your guidance and support has provided us with the much needed impetus to keep evolving. Electrical equipment industry has not been faring so well in the recent past but with emphasis on “Make in India” coupled with ease of doing business, we are hopeful to see some revival. In our sector, recent positive policy changes in coal will have a positive impact in sometime. Ministry of power has launched an ambitious schemes for making “24 x 7 power” available in rural and urban areas through conventional means as well as through renewables. We at IEEMA are committed to support and assist in the government initiatives where ever required.”

With emPOWERing MAKE IN INDIA being the theme of IEEMA’s Annual Convention 2015 held on September 25, 2015 at hotel Trident in Mumbai, the subject was highly appreciated by the dignitaries

and industry leaders present on the occasion. The convention was followed by the 68th Annual General Meeting of IEEMA where the newly elected President of IEEMA Mr Babu Babel took over the post.

IEEMA Annual Convention 2015 & 68th AGMFriday, September 25, 2015

The Regal Room, Hotel Trident, Nariman Point, Mumbai

Mr Sunil Misra, Director General, IEEMA, Mr Babu Babel, President, IEEMA, Mr Anant Geete, Minister for Heavy Industries and Public Enterprises, Mr Vishnu Agarwal, Immediate Past President, IEEMA, Mr Sanjeev Sardana, Vice President, IEEMA, Ms Indra Prem Menon, Vice President, IEEMA and Mr AS Chouhan, Immediate Past Vice President, IEEMA

Annual Convention 2015 & 68th AGM

He further added, “we are also working closely with other ministries particularly with Ministry of Commerce & Industry and Ministry of SME and with DHI. With Department of Heavy Industries, we have a deeper engagement because of the “Mission Plan 2020”, which we have produced jointly with the Ministry. I am glad to report that the Department of Heavy Industries and IEEMA are working with focus and grit to affect change. Most of the time, this change is to be brought through consensus building among various ministries and is a slow process, but we also believe that slow and steady wins the race.”

“I also wish to inform you about ELECRAMA, which is the world’s largest transmission & distribution equipment show is slated for 13 – 17th February 2016 at Bengaluru. This edition is expected to surpass all previous editions, by attracting over 1,200 exhibitors exhibiting few thousands of products, with over 110,000 footfalls from about 120 countries. Officially supported by Ministry of Power, Ministry of Heavy Industries & Public Enterprises, Ministry of External Affairs and Ministry of Commerce and Industry, we place on record that this is the largest and most prestigious event in its space globally. We are privileged to have the “Government of Karnataka” as the ‘Host State’, which only adds to the credibility of ELECRAMA.”

He also invited the Minister to visit ELECRAMA-2016, “We invite you to join us at the inaugural of ELECRAMA and World Utility Summit at Bengaluru and assure you will feel elated by seeing the strengths of Indian Industry displaying all its

might. We are extremely grateful for your kind presence and seek your guidance and advice once again today.

Mr Anant Geete, Chief Guest was invited by the Director General to address the audience where he appreciated the work done by IEEMA for the Electrical equipment industry. He also accepted the invitation to visit ELECRAMA-2016. He also said that “ IEEMA should interact with me on a timely basis and I assure the industry that with your problems I will lead the delegation to Various ministries like Ministry of Finance, power and External Affairs.

Union Heavy Industries Minister Anant Geete today called for better coordination among central public sector undertakings (CPSUs) for the development of the nation. “There are 290 CPSUs which have a collective surplus of more than Rs 2 lakh crore over the past two years. But there is no coordination between them and so they cannot help each

other in case of they require funds for taking up new projects and nation’s development,”

He also said the ministry is working towards bringing in coordination between all the CPSUs. “There is no dearth of funds. We are working towards bringing more coordination between them so that they can financially assist each other in case of requirement of funds for taking up new projects,” he added.

The minister further said that 21 out of 32 units under the ministry have been rejuvenated and next year, remaining 11 units will be operationalised again. “During the UPA regime, only 13 units were in profit. Now, 17 are making profit. We are working towards making the remaining four -- HMT Machine Tools, Heavy Engineering Corporation, Hindustan Paper Corporation and NEPA --profit making,” he added.

Session were also organized on “Changing India – Making It

Mr Anant Geete, Minister for Heavy Industries and Public Enterprises lighting IEEMA annual convention lamp. Also seen in the picture is Mr Sunil Misra, Director General, IEEMA, Mr Sanjeev Sardana, Vice President, IEEMA, Mr Babu Babel, President, IEEMA and Mr Vishnu Agarwal, Immediate Past President, IEEMA

From L to R: Mr Vishnu Agarwal, Immediate Past President, IEEMA, Mr Anant Geete, Minister for Heavy Industries and Public Enterprises and Mr Babu Babel, President, IEEMA

From L to R: Mr Vishnu Agarwal, Immediate Past President, IEEMA, Mr Tarun Das, Former Director General and Chief Mentor, CII and presently Trustee, Ananta Aspen Center and Mr Anil Swarup, Secretary, Ministry of Coal

Annual Convention 2015 & 68th AGM

Happen” – In dialogue with IEEMA, where Mr Anil Swarup, Secretary, Ministry of Coal, Government of India and Mr Tarun Das, Former Director General and Chief Mentor, CII and presently Trustee, Ananta Aspen Center

The event also saw the Presence of Union Minister for Micro, Small and Medium Enterprises, Mr Kalraj Mishra. He informed that the Centre has taken a slew of initiatives for the benefit of nearly 5.77 crore MSMEs who provide jobs to 14 crore people. ‘’The ministry has launched online registration with a provision of self certification for MSMEs to start their venture. The ministry has already uploaded on its website an exit policy for the MSME sector with the dual objective of revival and rehabilitation of sick units or facilitating spin-off of unproductive entities. This apart, the Centre is setting up skill development and incubation centres across the country. Besides, private sector is also coming forward to provide training in various states.

He further added ‘MUDRA’, established by Prime Minister Narendra Modi, aims at the financial inclusion of micro and small units, by making available loans in a hassle-free manner. The loan is provided at cheaper rates to those running small enterprises and will play a major role in achieving Make In India. Empowerment of MSME will be quite key for the successful implementation of Make in India’ which lays emphasis on enhancement of productivity, competitiveness and to support

address the financial issues faced by the state electricity boards (SEBs) and distribution utilities by laying focus on reduction in the aggregate transmission and commercial losses (AT&C) in two to three years and bridge the gap between the the high cost of supply and realisation. Union power secretary PK Pujari however, ruled out the possibility of any further financial package on the lines of 2012 package for the revival of ailing SEBs and distribution utilities but state specific plans will be implemented with the pro active role of states.

Pujari said the policy formulation will soon be in place for the revival of SEBs and distribution utilities. He hoped the states will adopt the proposed policy formulation and thereby mitigate the present issues faced by SEBs and distribution utilities. Pujari’s announcement comes close on the heels of Goa, Uttarakhand and Meghalaya taking

MSMEs and create an eco-system of world class manufacturing.’’

Mishra opined that MUDRA Bank will prevent the small entrepreneurs from the exploitation at the hands of moneylenders and will instill in them new confidence. He said funds won’t be an issue to build strong and vibrant MSME sector in the country.

Another session “Emerging Challenges and Opportunities – Power Reforms” was chaired by Mr PK Pujari, Secretary, Ministry of Power, Government of India, Mr P Ravi Kumar, Addl Chief Secretary (Energy), Government of Karnataka, Dr. Kshatrapati Shivaji, Chairman & Managing Director, Small Industries

Development Bank of India (SIDBI), Mr Yaduvendra Mathur, Chairman & Managing Director, Export-Import Bank of India (EXIM Bank), and Mr Avinash Bapat, Group CFO, IL&FS, Energy Development Co. Ltd

The Centre has worked out state specific policy formulation to

Mr Kalraj Mishra, Minister for Micro, Small and Medium Enterprises

Mr Sunil Misra, Director General, IEEMA

Mr Babu Babel, President, IEEMA

Mr Sunil Misra, Mr Vishnu Agarwal, Mr Kalraj Mishra Minister for Micro, Small and Medium Enterprises and Mr Babu Babel

Annual Convention 2015 & 68th AGM

the lead in joining hands with the Centre for the revival of distribution sector and also ensure 24x7 power supply.

‘’The Centre is quite keen to address two major technical issues pertaining to high AT&C losses and higher cost of supply compared with realisation. In some states the AT&C loss is 30%, 35%, 40%. With the proposed policy formulation states will have to reduce it to a certain level in two to three years in order to improve quality, reliability of power. Besides, states will have to cut the average cost of supply to make their operations viable,’’ Pujari noted.

As far as distribution franchisees are concerned, Pujari said several states are moving in that direction with the involvement of private sector. He informed that Rajasthan has recently floated bid in this regard.

This apart, Pujari said the government will focus on the speedy

implementation of Integrated Power Development Scheme (IPDS) and Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY) to improve the distribution sector.

Furthermore, Pujari said “the Centre is in the midst of putting in a policy whereby inefficient power plants can transfer coal linkage to efficiently run power plants. He informed that the coal ministry has taken a number of initiatives so that coal supply is increased to generation plants. He added that the first round of coal auction has led to savings of Rs 1,000 crore.”

68th Annual General Meeting

The 68th Annual General Meeting of the Indian Electrical and Electronics Manufacturers’ Association started with a two minute silence for the demise of Mr UV Rao past president IEEMA The outgoing President Mr Vishnu Agarwal chaired the business session. He informed the council members that, The last 11

months have been significant with several new developments defining the power sector of the country. I would like to recapitulate a few of successes during my tenure as President of IEEMA: INTELECT 2015:

With 10,000 quality visitors the first edition of INTELECT 2015 as a show to promote the concept of Smart Grids and Smart Electricity was quite successful. The synergetic relationship between IEEE, IEEMA and the Government of India machinery has resulted into a path breaking dialogue for Intelligent Electricity Technology for the benefit of key stake holders and the end customers.

IEEMA also had the privilege to host the FAEMA – AGM on the 21st of January where the Japanese, S. Korean and Chinese delegations were here to discuss strategies, which would help leverage Asian countries into European and American markets.

EmPOWERing MAKE IN INDIA: Under the banner of “Empowering Make in India”, IEEMA has initiated this task of organizing meetings with power utilities of various states to highlight issues of power distribution, need for technology inputs and curbing pilferage of electricity at the state level. The first edition of this meeting was initiated at Chandigarh with many more across the country through the year. Key to the agenda behind these meetings was the objective of delivering commercially viable and competitive power supply to all Delegates present at IEEMA annual convention and 68th AGM

Mr Tarun Das, Former Director General and Chief Mentor, CII and presently Trustee, Ananta Aspen Center

Mr P Ravi Kumar, Addl Chief Secretary (Energy),Government of Karnataka

Mr PK Pujari, Secretary, Ministry of Power, Government of India

Annual Convention 2015 & 68th AGM

consumers in the state as a critical input for industrial development and achieving the objectives of “Make in India”.

A workshop cum interactive session was also organized with the Utilities of MP and IEEMA member companies in Bhopal on June. IEEMA reiterated the need for a consistent dialogue between transmission and distribution service providers and the MP utilities. IEEMA will actively support the Make In MP proposition and will come up with strategies for Skill up gradation, Infrastructure Development and technological advances.

Similar interactive session was held in Guwahati also. All of IEEMA’s interactions with various State Governments are aimed at strengthening the power value chain.

During this one year IEEMA also hosted events like 8th International T&D conclave - attended by leading

players in the field of Electrical Transmission and Distribution, CAPACIT 2014, 8th International Conference on Capacitors - which is one of the most significant events on Electronics & Power Conditioning and INSULEC 2015 - which is one of the most sought after technical events in the field of Electrical Insulating Materials.

In Parallel to these IEEMA also held several rounds of meetings with Honorable Members of Parliament in order to sensitise them to the issues pertaining to the electrical equipment industry.

Last year saw 42 new members join the IEEMA family. IEEMA welcomes them and is now proud to have 812 members. It has always been our focus to meet the diverse needs of our members and to create sustainable value for them.

IEEMA had also represented its Pre-Budget Memorandum 2015-16 to Ministry of Finance, and also through

Ministry of Power, Department of Heavy Industry, Department of Industrial Policy and Promotion and other Government agencies. IEEMA Economic and Taxation Committee also had interactive meetings with the Ministry of Finance and Department of Industrial Policy and Promotion as a part of its Pre-Budget exercise.

Some of the issues represented by IEEMA have been addressed in the Union Budget 2015-16 in favour of the industry such as Removal of Inverted Duty Structure in Manufacturing of Insulators and Insulated Cables, Inclusion of Electrical Equipment under MEIS Scheme of Foreign Trade Policy and others.

IEEMA signed two MOU’s, one with ZVEI, the counterpart association of IEEMA in Germany and the second with European Business and Technology Center (EBTC). Both the MOU’s are expected to provide IEEMA members, a base

Mr Anil Swarup, Secretary, Ministry of Coal

L to R: Mr Sunil Misra, Director General, IEEMA, Mr Babu Babel, President, IEEMA, Dr. Kshatrapati Shivaji, Chairman & Managing Director, Small Industries Development Bank of India (SIDBI), Mr P K Pujari, Secretary, Ministry of Power, Mr P Ravi Kumar, Addl Chief Secretary (Energy),Government of Karnataka, Mr. Yaduvendra Mathur, Chairman & Managing Director, Export-Import Bank of India (EXIM Bank), and Mr Mr Avinash Bapat, Group CFO, IL&FS, Energy Development Co. Ltd

Mr Babu Babel, President, IEEMA, Dr. Kshatrapati Shivaji, Chairman & Managing Director, Small Industries Development Bank of India (SIDBI), Mr PK Pujari, Secretary, Ministry of Power

Annual Convention 2015 & 68th AGM

to establish one to one contact with the German and the other European manufacturers in future. The members of IEEMA will benefit from ZVEI & EBTC networks.

In congruence with the Government’s vision of Smart Cities, IEEMA energy meter division organized the 6th edition of Metering India 2015 seminar on 22-23 April 2015 at New Delhi. The theme for Metering India was The Smart India Dimension. Metering India was a perfect platform to take this interaction forward. 400 delegates attended the seminar from 123 organizations across all sections of stakeholder groups.

The Konnect North East & Beyond Summit focusing on Capacity Building for Power Sector in NE states and exhibition was organized at Guwahati. IEEMA also held a workshop titled empowering Make in India with the utilities of NE states and IEEMA top officials. The focus here was on the stakes of the industry and facilitation by State Government for Make in India. The NE states have been specifically focused by GOI for development of Power during the next few years. This IEEMA summit has laid foundation for the Industry and central, state governments to work together to realize this potential.

IEEMA also launched a revamped website (ieema.in) during this year. This website developed on cutting edge technologies reinforces the values that IEEMA stands for, projects the size and power of the Indian electrical equipment industry and Power Sector while at the same time brings a platform for allowing more interactive dialogue amongst IEEMA and it’s members. In case you have not done so, I would strongly urge you to visit the site and register to benefit from it.

While, IEEMA continues its fight against cheap electrical imports, IEEMA is also continuously striving hard to increase the exports of electrical equipment from India. Talking about ELECRAMA-2016, this time the exhibition space booking has moved on to a digital platform. Within a few days of opening the online bookings we sold almost 70

percent of exhibition space. Also with ‘Make in India’ being the new mantra of the country, Elecrama 2016 will more than adequately demonstrate the preparedness of the Indian electrical equipment industry to make this mantra successful.

Engagement with the Government of India was stepped up and regular dialogue was established with the Ministry of Power, Ministry of Urban Development, Ministry for Commerce and Industry, Cabinet Secretariat, Department of Heavy Industry and the Utilities.

In this one year there have been many achievements of IEEMA

hh On the basis of inputs received from members, IEEMA represented to the Tariff Commission, under the Ministry of Commerce & Industry, Government of India, some instances of inverted duties and anomalies prevailing in the electrical equipment manufacturing industry. As result of which the Government removed inverted duties on Insulators & Insulated Cables.

Mr Aaditya Dhoot, Chairman, ELECRAMA-2016 inviting Mr Anant Geete, Minister for Heavy Industries and Public Enterprises to ELECRAMA-2016. Also seen in the picture is Mr AS Chouhan, Mr Babu Babel and Mr Sanjeev Sardana

Mr Babu Babel, President, IEEMA handing over a token of appreciation to M/S Transformer and Electricals Kerala Limited on completion of 50 years as IEEMA member

Mr Aaditya Dhoot, Chairman, ELECRAMA-2016 inviting Mr Kalraj Mishra, Minister for Micro, Small and Medium Enterprises to ELECRAMA-2016. Also seen in the picture is Mr Vishnu Agarwal and Mr Babu Babel

Annual Convention 2015 & 68th AGM

hh In the new Foreign Trade Policy 2015-20, five promotional schemes made available earlier viz. Focus Product Scheme, Market Linked Focus Product Scheme, Focus Market Scheme, Agri. Infrastructure Incentive Scrip, VKGUY were merged into single schemes, namely, Merchandise Export from India Scheme (MEIS) and Services Export from India Scheme (SEIS). Electrical equipment recommended by IEEMA was included in the newly formed MEIS Scheme of Foreign Trade Policy.

hh An application seeking imposition of anti-dumping duty on electrical insulators from China was filed. Based on the investigations, the Directorate General of Anti-Dumping & Allied Duties recommended imposition of anti-dumping duty on imports of electrical insulators of glass, or ceramic/porcelain from China. Following which anti-dumping duty was imposed on Electrical insulators

by the government for a period of five years from the date of imposition of provisional anti-dumping duty.

hh A petition was filed by domestic aluminium producers, comprising Hindalco, SESA Sterlite and BALCO before the Director General (Safeguards) for imposition of a Safeguard Duty on imports of Not- Alloyed Ingots of Unwrought Aluminium (PUC) into India. IEEMA represented the viewpoints of the user industry requesting on imposition of any Safeguard Duty on imports of Not-Alloyed Ingots of Unwrought Aluminium. The Petition for imposition of Safeguards Duty on PUC was rejected by the DG (Safeguards), which is in favour of the electrical equipment industry.

IEEMA identified a four point agenda to pursue with the policy makers this year.

1. Domestic funded tenders by Utilities to be in INR and if for some reasons there needs to be

international bidding, then 15 % for preference to domestic industry.

2. Mandatory Vendor development programme by utilities.

3. Mandatory testing of all Imported Electrical Equipment by test house in India.

4. Standard specifications and standard bidding terms for same products across Utilities across the country.

IEEMA is engaged 24 x 7 to meet the aspirations of the manufacturing sector and is consistently working towards responding to the Government of India’s initiatives of bringing in more investment opportunities in the infrastructure sector, particularly power sector.

At the end of the AGM Mr Vishnu Agarwal passed on the baton to Mr Babu Babel as the new President of IEEMA while Ms Indra Prem Menon and Mr Sanjeev Sardana took over as new Vice Presidents for year 2015-16.

Mr RD Chandak, Director, KEC International presenting a token of appreciation to Ms Annamma Philipose for her long and dedicated service to the association

Mr AS Chouhan, Immediate Past Vice President, IEEMA presenting a token of appreciation to Ms Chitra Tamhankar for her long and dedicated service to the association

Ms Indra Prem Menon, Vice President, IEEMA presenting a token of appreciation to Mr Vishnu Agarwal, Immediate Past President, IEEMA in recognition to his leadership and selfless contribution to the Association.

Mr Sanjeev Sardana, Vice President, IEEMA presenting the Coffee Table book to Mr Vishnu Agarwal