Technology manufacturing drives energy security and energy transition for India

India’s manufacturing sector represents one of the most critical components of India’s growth as the nation grapples with energy security and the energy transition.  The “Make in India” pavilion at India Energy Week in February, arranged by Engineers India Limited, showcased the capabilities and capacities of 24 manufacturers on Indian soil with respect to design, engineering, manufacturing and testing of the entire hydrocarbon value chain. 95% of equipment in the refinery sector are sourced from the Indian industries and, in the petrochemical sector, indigenous components stand at more than 65%. 

Indian technology manufacturers were also out in force at #MiddleEastEnergy2023 this week as the focussed turned to the power sector. A standout player was Vision Mechatronics of Thane in west India, a manufacturer who has evolved from robotics and automation to a focus on energy storage with Dr Rashi Gupta, Vision Mechatronics presenting at the Intersolar conference.  

Puranik Fraser International, led by Mukund Puranik and Hugh Fraser, is lining up to support clients seeking to embrace the energy challenges and opportunities in India identified in the International Energy Agency special report on the country with technology focussed manufacturing joint ventures being a key priority.