During the financial year 2018, the production value of the industry was around 1.75 trillion Indian rupees, up from about 1.6 trillion rupees in the previous fiscal year. This value was estimated to reach 5 trillion Indian rupees in fiscal year 2022. The electrical equipment industry was on a rise in the country due to an increase in infrastructure spending. Reduction in tariffs and customs with easy credit facilities also helped in the rise of the production value.
Production value of electrical equipment industry in India from financial year 2014 to 2018 with forecasts until 2022
(in trillion Indian rupees)
*Forecast.
India's financial year starts in April and ends in March. For example, FY 2019 started in April 2018 and ended in March 2019.
One Indian rupee is equal to 0.014 U.S. dollars and 0.011 euros (as of November 2020).
Values have been rounded.
Data from previous reports has also been used.
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India Brand Equity Foundation. (September 6, 2020). Production value of electrical equipment industry in India from financial year 2014 to 2018 with forecasts until 2022 (in trillion Indian rupees) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1024926/india-electrical-equipment-industry-production-value/
India Brand Equity Foundation. "Production value of electrical equipment industry in India from financial year 2014 to 2018 with forecasts until 2022 (in trillion Indian rupees)." Chart. September 6, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1024926/india-electrical-equipment-industry-production-value/
India Brand Equity Foundation. (2020). Production value of electrical equipment industry in India from financial year 2014 to 2018 with forecasts until 2022 (in trillion Indian rupees). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1024926/india-electrical-equipment-industry-production-value/
India Brand Equity Foundation. "Production Value of Electrical Equipment Industry in India from Financial Year 2014 to 2018 with Forecasts until 2022 (in Trillion Indian Rupees)." Statista, Statista Inc., 6 Sep 2020, https://www.statista.com/statistics/1024926/india-electrical-equipment-industry-production-value/
India Brand Equity Foundation, Production value of electrical equipment industry in India from financial year 2014 to 2018 with forecasts until 2022 (in trillion Indian rupees) Statista, https://www.statista.com/statistics/1024926/india-electrical-equipment-industry-production-value/ (last visited November 22, 2024)
Production value of electrical equipment industry in India from financial year 2014 to 2018 with forecasts until 2022 (in trillion Indian rupees) [Graph], India Brand Equity Foundation, September 6, 2020. [Online]. Available: https://www.statista.com/statistics/1024926/india-electrical-equipment-industry-production-value/
