State of Industry
Low voltage switchgear is one of the well-established industries in India. The present size of the LV Switchgear industry including domestic modular switches is estimated at around INR. 11,050 Crore.
This Industry covers Low Voltage switchgear products such as Air Circuit Breakers, Moulded Case Circuit Breakers, Miniature Circuit Breakers, Residual current devices, Fusegear products, H.R.C fuses, Thermal overload and protection relays, Contactors, Starters, Distribution boards and Factory- built assemblies. The industry caters to end-user segments such as manufacturing industries, buildings – residential and commercial, agriculture, infrastructure entities, utilities and OEMs. Weight of LV switchgear industry in entire electrical industry is about 10.1%.
Increasing imports is a matter of concern, in particular because its major constituents are not transparent e.g. within these imports, 6 % is contributed by products reported in the category ‘others’ – Others (53600 – 3%), other relays (536400 – 17%), other switches (536500 – 23%), other circuit breakers (536 200 – 7%). A redeeming aspect of the Indian LV switchgear industry has been its growing competitive strength in a few products like miniature circuit breakers, earth leakage circuit breakers, HRC fuses and air circuit breakers where its exports are significantly higher than the imports.