New Delhi, Dec. 25 -- By 2027, the world's electricity consumption is expected to rise by about 8300 TWh, with emerging economies making the largest contribution.

India's 1700 TWh electricity demand is predicted to increase by more than 20% by 2027 due to industrialisation and the ambitions of the country's expanding middle class.

India's power transmission market is expanding significantly due to the country's electrical grid modernisation and expansion, which support its growing industrial base and rising electricity demand resulting from urbanisation and economic growth.

With growth rates much higher than the global average, the nation is one of the most vibrant and quickly expanding power transmission markets in the world.

However...