Dr.Thejus Thomas
4K posts

Dr.Thejus Thomas
@thejuthom
Ayurveda

India’s $235 Bn Electrical Supercycle: Demand Visibility High, Execution Critical Key Insights - India’s electrical equipment opportunity = $235 bn by 2035 Driven by: => Power demand surge => Renewable expansion (solar, wind, BESS) => Grid modernization + T&D capex => Electrification (EVs, industry) Critical Risk: India may face a production shortfall of $130 Bn and import dependency could exceed 70% without a rapid manufacturing scale up. India may create demand but not capture value unless manufacturing scales rapidly. Demand vs Supply Mismatch => Current consumption: ~$59 bn (FY25), growing ~11% CAGR => Domestic production: ~$50 bn => Imports rising: 22% → 33% (2020–2025) Growth Outlook => Industry CAGR: 11–13% till 2035 => Domestic production potential: $195–235 bn => Exports: $60 bn opportunity (~5% global share) 👉Export angle is underrated—this can mirror China+1 manufacturing shift Beneficiary Companies - => Cables & Wires: Polycab, KEI Industries & Finolex cables => Transformers & Grid Equipment: Hitachi Energy, CG Power & Industrial solutions, & TRIL => EPC + Transmission Infrastructure: KEC International & Kalpataru projects => Renewable Electrical: Waaree & Premier Energies and Inox Wind => Industrial Electricals & Automation: Siemens India, ABB India and Schneider Electric Infrastructure => Battery & Power Electronics: Exide Industries and Amara Raja Energy & Mobility => Marine + Defence Electricals: Marine Electricals => Copper Value Chain: Hindalco and Vedanta Strategic Takeaways => Massive T&D + Grid Opportunity => Import Substitution Theme => Manufacturing Scale = Winner Takes Most => Exports = Next Leg of Growth => Policy Dependency Demand visibility: HIGH ✅ Supply capability: UNCERTAIN ⚠️ Stock selection > Sector selection India’s next capital goods Supercycle — but with a Make-in-India filter. Follow @DhawalDoshi5 for more updates. @vishan_29 @Anvith_ @Dynamicinvstr @TrendSpark420 @InvestmentVeda @tsatwork


























