Aimed to create business opportunities for electricity industry players

Dubai, November 1, 2015: Elecrama 2016, the world's largest trade and networking forum for the electricity industry, will be organizing a networking event for the benefit of key industry stakeholders and decision makers in Kuwait. The event is being held to widen awareness of the enormous business potential afforded by the burgeoning Indian electricity sector.

The networking event will be held at the Kuwait Failaka Ballroom Ballroom of the Radisson Blu Hotel, Kuwait on Thursday, November 12. Featuring presentations by senior representatives from the Indian electricity industry and interactive sessions with the invited delegates, the event is open to power and water professionals, suppliers and manufacturers, IWPP Developers and Contractors, Engineers, Construction Managers and EPC Contractors, government representatives,  investors and media. Those from the above-mentioned sectors interested in participating can do so on production of their business cards at the venue.

“The event provides a great opportunity for electricity industry stakeholders in Kuwait to network and interact with representatives of one of the world's most exciting electricity markets and open up myriad business opportunities,” said Heba Al Mansoori, Middle East Director for Elecrama 2016. “Bilateral trade between Kuwait and India has been growing at a rapid pace. In 2014-15 total trade between the two nations totaled US$14.58 billion (KD 4.41 billion). Elecrama 2016 is in a position to open doors to further grow business between the two nations,” she added.

Recent research estimates that India is currently the 3rd largest producer of electricity in the world and is expected to add a whopping 700 GW of capacity by 2030. The electrical industry in India is expected to be valued at US$ 250 billion by 2030.

Since its beginnings in 1990, Elecrama has grown into an all-inclusive trade and networking mega event that is today the world's largest exposition of electric transmission and distribution equipment. Elecrama 2016 will be held in February next year at the Bangalore International Exhibition Centre and attract the who's who of the electricity industry.