Mumbai, Mar 02 : The Indian Electrical & Electronics Manufacturers’ Association (IEEMA) successfully organised ‘Leaders Unplugged’ under its Young @ IEEMA initiative today in Mumbai. The program serves as an engagement platform for the 2nd and 3rd generation entrepreneurs from the industry.
Speaking at the occasion Shri Sunil Mathur, Managing Director & CEO, Siemens India Ltd, highlighted that
“Nearly 70% of India is yet to be built – and that represents enormous opportunity before the young leaders of today.”
He further emphasised the critical role of manufacturing in India’s economy, stating,
“Manufacturing growth will be the future of India as we cannot rely only on agriculture alone. We will have to focus on shifting manufacturing from 15% GDP to 25% GDP, to achieve the goal in Viksit Bharat”, he added that “Innovation and AI will be critical for India to maintain its leadership in the world.”
Another highlight of Leaders Unplugged was an engaging interaction featuring Dr. Rahul Mirchandani, Chairman & Managing Director, Aries Agro Ltd and Shri Sanjaya Singhal, Founder & Chairman, Secure Meters. The session brought forward sharp industry insights, practical business perspectives, and future-focused thinking that resonated strongly with the young audience.
IEEMA also announced the winners of its startup initiative ELectraverse. Out of the 12 finalists who competed at a technical pitch session. Enlog – an electricity management company that provides patented IoT solutions – won the cash prize for the best startup idea in the domain. Established in 2019, the company has served 1,750+ buildings, managing electricity consumption and reducing energy wastage by 23% without human intervention. MEINE Electric was selected as the first runner-up while SCharge Pvt Ltd. was the second runner-up.