Electrical Louis Vuitton UK Outlet equipment industry decelerates to 6 The industry grew at 11.3 per cent in 200910 and 13.7 Small Leather Goods per cent in 201011, the Indian Electrical and Electronics Manufacturers Association(Ieema)Said. Ieema, which has over 750 memberindustries, is the apex association of manufacturers of electrical, industrial electronics and allied equipment. The deceleration is due to sluggish growth in the power sector and escalating imports of electrical equipment.All three segments of the power sector generation, transmission and distribution are facing several challenges which need to be addressed expeditiously, it said. Ieema said the growth Cheap Louis Vuitton Bags in the capacitor, switchgear and transmission line segment in 201112 turned negative, indicating a slowdown in industrial capex and offtake due to credit squeeze and high interest costs.The cable segment alone showed double digit growth of 25.7 per cent for the year. The absence of a level playing field for the domestic industry to compete with imported electrical equipment, especially from china, was clear. Imports in the past five years have grown at a cagr of 28.28 per cent. The current exportimport trends based Cheap Louis Vuitton Bags on trade data from 27 major ports points to a rise in the import of 765 kv transformers and reactors(Mostly through power project imports), insulators, LV switchgear and HV cables. The total imports of 765 kv transformers and reactors in 201112 was rs 1, 229 crore.In q4 fy12, there was a 125 per cent increase(Rs 687 crore)Over total imports in the first three quarters(Rs 542 crore), IEEMA said. Mr ramesh chandak, president, ieema, said, has been continuous underinvestment in the t d sector.This lopsided investment pattern needs to be corrected.This will resolve some of the power problems and will also provide balanced growth.