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. 

Major players with R&D in the sector [2007*]              

 

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. 

R&D Investment Trends in Electrical Machinery Sector