Mumbai, Maharashtra, India
Sunil Singhvi, CEO (Energy), Secure Meters, has been named the new president of the Indian Electrical & Electronics Manufacturers’ Association (IEEMA) for the 2024–2025 term. IEEMA is the premier organization that represents the country’s electrical and related electronic manufacturing sector. Mr. Singhvi takes over as CMD of Stelmec Ltd. from Hamza Arsiwala at the association’s 77th Annual General Meeting and Convention in 2024.
Annual Convention 2024 and 77th Annual General Meeting
Vikram Gandotra, Head of Utility Sales & Strategy at Siemens Ltd, has taken over as the President-Elect. Siddharth Bhutoria, Wholetime Director, RTS Power Corporation Ltd. has been elected as the Vice-President.
Mr. Singhvi, the incoming President, declared his vision: “I am honored and thrilled to assume the presidency. This year, we’ll concentrate on strengthening IEEMA’s position as a global leader in the field of strategic leadership, emphasizing quality, safety, and reliability (QSR), and promoting advancements in the electrical industry. Our goal is to establish IEEMA as a frontrunner in the energy transition by promoting growth in emerging sectors including green hydrogen, energy storage, and e-mobility.
Outgoing President Hamza Arsiwala, CMD of Stelmec Ltd, has played a key role in leading the association through notable developments in the industry. “Leading IEEMA has been an honor,” Mr. Arsiwala says with thanks as he hands over the baton. I have no doubt that the new group will go on advancing our goal of an electrical sector that is sustainable and competitive on a global scale.
Vikram Gandotra, the new President-Elect and Chairman, ELECRAMA 2025, emphasized the association’s commitment to ELECRAMA 2025, policy advocacy and industry development. “Our focus for this year will be to make ELECRAMA 2025 grow, enhance policy frameworks, improve business conditions, and support innovation. We will also strengthen our engagement with industry to prepare for new opportunities emerging from the energy transition and digitalisation,” he said.
Newly elected Vice-President, Siddharth Bhutoria has been spearheading special initiatives of Young@IEEMA and earlier headed the Eastern region for IEEMA. He is also the Vice-Chairman for ELECRAMA 2025. While being elected, he expressed that, “Today IEEMA presents a huge opportunity for our sector. It feels great to be elected. Our goal is to work closely with the industry and the government to grow the sector in a sustainable and efficient way.”
The Annual Convention highlighted the emerging themes for the industry and IEEMA’s strategic direction for the coming year. Speaking at the plenary of the annual convention Vimal Kejriwal, Managing Director, KEC International Ltd. highlighted the opportunities that await the sector, “If we want to meet the demand, we must all gear up and be ready for the huge industry changes. We are clearly seeing a major change in how we maintain quality. The question is: How do we gear up to fast-track projects – through automation, mechanisation, etc.”
Ashish Bhandari, Managing Director & CEO, Thermax Ltd, said, “Demand is growing in every sector. By when India hits 100 years of Independence, we will need 3x more power. Demand will be across industries – power, steel, cement, etc. We have the next few years to help built the infrastructure we need. Electricity will be the next big driver. India is at a relatively good spot, but the electricity we will require will be huge, so also the amount of infrastructure development required.”
Vineet Mittal, Chairman, Avaada Group, spoke about the potential of renewable in driving the next wave of growth, he said, “Money and investment is not more a constraint to scale up business. We are in good times and there is no place for scepticism. We have significant investment plans both on investments and manufacturing. We have 23 GW of contracts in renewable energy as of now and we have aggressive plans going forward.”
Amar Kaul, MD and CEO, CG Power shared insights and built an engaging session on how to bring in effective change management for successful enterprise. The convention concluded with a motiving talk from Chetan Bhagat, Author and Columnist discussing about ’11 rules of life’.
