BWI: The Burgeoning Demand for Power and the Changing Face of “The Indian Backup Power Industry” – Notes Frost & Sullivan

Press release from Business Wire India
Source: Frost & Sullivan
Tuesday, October 05, 2010 03:08 PM IST (09:38 AM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Business services, Electronic appliances & components, Energy companies
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The Burgeoning Demand for Power and the Changing Face of "The Indian Backup Power Industry" - Notes Frost & Sullivan
Attend Frost & Sullivan's Executive MindXchange on 24th November 2010 at The Leela Kempinski, Gurgaon, India

Mumbai, Maharashtra, India, Tuesday, October 05, 2010 -- (Business Wire India) -- Power is one of the key infrastructure elements supporting a nations' growth. India historically has been suffering from Power deficit, and over the years several alternative sources of power have attained strategic importance, in addressing this deficit. With India's economy set to grow at a brisk pace, and with continued Power deficit situation, demand for alternate / back-up power sources in the form of Generator sets, Power inverters, UPS etc. is expected to witness a quantum leap.

In India where "Power Corrupts" so often, Backup Power that 'Corrects' has become a necessity. The Backup Power Industry in India has come out of its shackles and is finally being acknowledged as a growth Industry. The crippling power shortages, has led the Backup Power Industry to be at times referred to as "more than just a backup".

Keeping in perspective the burgeoning demand for Power and the changing face of the Backup Power Industry, Frost & Sullivan's Energy & Power Systems Practice is organizing an Executive MindXchange "The Indian Backup Power Sector - Growing Significance" on 24th November 2010 at The Leela Kempinski, Gurgaon (NCR), India. The finale of the evening will be the Frost & Sullivan's Indian Backup Power Industry Excellence Awards Banquet being held for the very first time.

This Executive MindXchange shall bring together Genset, Power Inverter, UPS, Battery suppliers, several leading components suppliers, System Integrators, Electrical Consultants, PE firms and End-Users in India, for a specific and definite purpose of brainstorming on the opportunities, market trends, technology developments, and strategies for exploring and penetrating new industry sectors given the burgeoning demand for Backup Power in India.

According to Mr. Amol Kotwal, Deputy Director, Energy and Power Systems Practice, Frost & Sullivan-South Asia & Middle East "Increased awareness and focus on providing Non-Polluting, Energy Efficient solutions are among the recent trends that will shape the Backup Power Industry in years to come. Be it UPS for critical applications in enterprise space, Power Inverters at Homes & Offices, Generator sets in Industries or Batteries for the numerous applications, Backup Power has become indispensable".

Frost & Sullivan's Energy & Power Systems Practice will present a perspective of 'Indian Backup Power Sector' highlighting key market trends, drivers and opportunities. Besides, the eminent speakers and panellists will discuss, explore topics and deliberate on the 'Significance of Back-Up Power in India with increasing Power Deficit' and 'Convergence Trends in the Indian Back-up Power Sector'.

The event intends to provide insights and specific tools for actionable strategies for the challenges faced by market participants operating in the Backup Power space, System Integrators, Electrical Consultants as well as end users across industries. This platform will also help ideate and evaluate the requirements from different end users segment, evolve roadmap for the technological and commercial developments of Backup Power deployment to arrive at suitable future strategies for growth of the Indian Backup Power industry.

Media Partners on board this event are Electronics Bazaar, Energética India, Engineering Review, Industry 2.0 and Power Today.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from 40 offices across six continents. To join our Growth Partnership, please visit http://www.frost.com.

Contacts for the event:


CONTACT DETAILS
Ravinder Kaur, Corporate Communications - South Asia, Frost & Sullivan, +91 9940141714/ +91 (44) 42044517, ravinder.kaur@frost.com
Arun Stanley, Business Development Manager, Frost & Sullivan, +91 (80) 41783558/ +91 9886230152, arun.stanley@frost.com

KEYWORDS
CONSUMER, CONSULTANCY SERVICES, BUSINESS SERVICES, ELECTRONICS, ENERGY

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