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United News of India
3 days ago
- Politics
- United News of India
India foiled 2L cyber-attacks on Power infrastructure in the recent Indo-Pak conflict: Union Minister Khattar
Srinagar, June 12 (UNI) Union Power Minister Manohar Lal Khattar on Thursday said that India successfully thwarted nearly two lakh cyber attacks targeting its power infrastructure during the recent Indo-Pak conflict. Addressing a press conference marking the completion of 11 years of the Narendra Modi government, Khattar said, "Cyber security is now the biggest threat facing not only India but the entire world." He said that there was growing frequency of cyber attacks and cyber crimes. "A significant amount of work has been done in this domain. Today, our cyber security systems are robust enough to counter such threats effectively," he said Khattar revealed that a wave of cyber attacks was launched against Indian Power infrastructure following the commencement of Operation Sindoor—an offensive targeting terror camps across the border. "Specifically in the power sector, around two lakh cyber attack attempts were recorded. However, our cyber security teams neutralized each one of them, ensuring that no damage was caused anywhere in the country," he said. Highlighting the capabilities of Indian scientists and security experts, the Union Minister remarked that the nation now possesses the expertise to defend against such sophisticated threats, which, he warned, can originate from any part of the world. Touching upon developments in Jammu and Kashmir, Khattar added, "Following the abrogation of Article 370, there is now a growing sense of unity. The people of Jammu and Kashmir, along with the rest of the country, increasingly believe they are one nation." UNI MJR GNK
Yahoo
29-05-2025
- Business
- Yahoo
India Power Transformers Industry Report 2025: Market Trends, Competition, Forecast & Opportunities, 2021-2031 - Smart Transformers Lead the Charge Towards Renewable Integration
India's power transformers market offers growth opportunities driven by rising electricity demand, urbanization, and grid modernization efforts, including the adoption of smart grids and renewable energy integration. Challenges include high manufacturing costs due to reliance on imported raw materials. Indian Power Transformers Market Dublin, May 29, 2025 (GLOBE NEWSWIRE) -- The "India Power Transformers Market, By Region, Competition, Forecast & Opportunities, 2021-2031F" has been added to offering. The India Power Transformers Market was valued at USD 2.51 Billion in 2025, and is expected to reach USD 4.02 Billion by 2031, rising at a CAGR of 8.02% Power transformers are pivotal for efficient electricity transmission, stepping up or down voltage levels to minimize energy losses over long distances. Their core operation relies on electromagnetic induction between primary and secondary windings wrapped around a magnetic core. These transformers are essential in generation stations, substations, and industrial operations, enabling stable high-voltage transmission. India's growing energy needs, rapid urbanization, and the push for grid modernization - including smart grid adoption - are fueling transformer demand. With increased investment in infrastructure and a shift towards renewable energy, power transformers remain integral to India's evolving power sector. Key Market Drivers India's swift economic development and urban expansion are significantly increasing electricity consumption across residential, commercial, and industrial sectors. The surge in demand, driven by a growing population and middle-class segment, necessitates robust upgrades to the power infrastructure. Power transformers play a vital role in these upgrades, ensuring efficient energy transmission. Government initiatives such as the Saubhagya Scheme are accelerating electrification, further boosting transformer deployment. Expanding urban centers and industrial sectors also demand reliable power systems, prompting substantial investments in transformer installations. Furthermore, the integration of renewable energy sources into the grid and adoption of smart technologies are reinforcing the need for advanced, efficient transformers. Key Market Challenges The India power transformers market faces the considerable hurdle of high manufacturing costs, mainly due to reliance on imported raw materials such as electrical-grade steel and specialty insulating oils. Limited domestic production capabilities and variable quality standards necessitate imports, subjecting manufacturers to international price fluctuations and currency risks. Supply chain disruptions or geopolitical tensions can further escalate costs and delay deliveries. These factors not only affect production economics but may also lead to increased end-user prices, impeding the broader adoption of advanced transformer technologies, especially in cost-sensitive markets. Key Market Trends A key trend shaping the India power transformers market is the growing adoption of smart transformers embedded with digital and IoT-enabled technologies. These advanced systems provide real-time monitoring, predictive maintenance, and improved voltage regulation, enhancing operational efficiency and reliability. As India transitions towards smart grids, the demand for such intelligent solutions is rising. Smart transformers support better asset management, minimize downtime, and enable rapid response to faults, making them vital for grid modernization and integration of renewable energy sources. Their role in automating and stabilizing power distribution is pivotal to India's evolving energy landscape. Key Attributes: Report Attribute Details No. of Pages 86 Forecast Period 2025 - 2031 Estimated Market Value (USD) in 2025 $2.51 Billion Forecasted Market Value (USD) by 2031 $4.02 Billion Compound Annual Growth Rate 8.0% Regions Covered India Report Scope Key Market Players: Bharat Heavy Electricals Limited Crompton Greaves Consumer Electricals Limited ABB India Limited Siemens Limited Schneider Electric India Private Limited Toshiba Transmission & Distribution Systems (India) Private Limited Transformers and Rectifiers (India) Limited Kirloskar Electric Company Limited India Power Transformers Market, By Capacity: Small Large Medium India Power Transformers Market, By Type: Oil Filled Dry Type India Power Transformers Market, By Phase: Single Phase Triple Phase India Power Transformers Market, By Region: South India North India West India East India For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Indian Power Transformers Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data
