Electrical Machinery
There are nearly
380 companies that are categorized as electrical machinery other than
electronics. General range of product of this sector is – generators,
transformers, storage batteries, wires and cables, fans, welding electrodes etc.
Among these companies 75 invest in R&D a
total of about Rs. 500 crores in the year 2006-07. The investments of most of
the companies are meager, though the proportion of the companies participating
in the effort is above the industry average of about 10 percent.
Of these only two, Gandhmathi Appliances
based in Tamil Nadu and Compton Greaves had an investment above Rs. 10 crores in
2007*. Gandhimathi Appliances has increased the R&D expenditure to the level
only in the current year. The companies R&D expenditure of Rs. 378 crores,
shown as current R&D expenditure does not compare well with Rs. 41 lakhs on
the activity in the immediate previous year.
|
|
Rs.
Crores |
||
|
|
R&D
Capital |
R&D
Current |
R&D
Total |
|
Gandhimathi
Appliances Ltd. |
0 |
378.23 |
378.23 |
|
Crompton
Greaves Ltd. |
36.89 |
16.75 |
53.64 |
*Annualized figures
The following graph shows the growth of the
R&D investment over the years.