Summing up the year – Mr Manoj Chaudhary talks about the industry

By Manoj Kumar Chaudhary, Founder & Director – Vensor Electricals Pvt Ltd

“With various infrastructure projects such as Jewar Airport are expected to be dedicated to Noida in the near future, the region will witness an accelerated pace of development. This will have an encouraging impact on almost every sector. The power and electrical equipment industry will play a vital role in facilitating the growth of the region. All kinds of projects such as residential, commercial and other infrastructure developments require an unhindered power supply and state-of-the-art electrical equipment to serve the purpose while ensuring sustainability. The sector is on the path of perpetual evolution and it will have to create such products as per the global norms while following sustainable practices. A rise in the demand for power and electrical tools is quite clear, giving stimulus to the sector to flourish in the days to come.”

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Neel Achary is the editor of Business News This Week. He has been covering all the business stories, economy, and corporate stories.