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Shri Nishel Shah, President –The Electric Merchants Association-2017-18

Shri Nishel Shahwas elected as the 74th President of The Electric Merchants’ Association (EMA), Mumbai, on Thursday the 29thof June, at the 80th AGM of the Association. Mr. Shah will take charge of the 1200 member strong association, which has its roots from the pre-independence era and has its presence allover Greater Mumbai, Navi Mumbai and Thane. The Electric Merchants’ Association, established 1937, has its base at the heart of Lohar Chawl, considered as Mecca of Electrical Market in India. 
Shri Nishel Shah, Age 41, is a partner in M/s. XL Electricals since 1997. His company is a leading stockiest of Finolex Wires and Cables, Bhartia Cutler Hammer, Osram Lighting, Delton Cables and Dowells Lugs. He joined EMA in the year 2011 as a committee member and during the last 6 years he has worked in different capacities, which includes being the Chairman of the Publication Committee, head of the Medical Committee, then Hon. Treasurer and finally Hon. Secretary, serving the association with dedication and hard work. With his expertise in administration and the man management, he has distinguished himself and proved an asset to the association. 
Speaking on the occasion of his swearing in as a President of this prestigious Association, he thanked his entire committee, Past Presidents, seniors and sponsors for their support and co-operation. He promised to use all his expertise to take EMA to greater heights by organizing events earmarked in the constitution. These will include technical and taxation seminars, cultural events, and staff welfare and business promotion activities. He assured members that his eventual endeavor would be to make the market and members techno savvy, capable of competing with the best in the Indian industry.
He welcomed GST with confidence and called it as one of the biggest reform in Indian history. Its implementation would usher greater transparency in the business style. The Culmination of several taxes into Goods and Services Tax will definitely help members to promote their businesses all over India and globally too. 
Indian power sector is undergoing a significant change that has redefined the industry outlook. Sustained economic growth continues to drive electricity demand in India. The Government of India’s focus on attaining ‘Power for all’ has accelerated capacity addition in the country. At the same time, the competitive intensity is increasing at both the market and supply sides. Shri Nishel emphasised that the Government of India has been supportive to growth in the power sector. Numerous positive steps taken by the government will help the growth of Electrical market in India. Lohar Chawl being the leading supplier of electrical spares will be benefit a lot from this initiative. Also with many bilateral nuclear agreements taking place i.e. with Israel and Russia, India is expected to become a major hub for manufacturing nuclear reactors and associated components. With foreign participation and make in India initiative, in the development and financing of generation and transmission assets, engineering services, equipment supply and technology collaboration in nuclear will give thrust to  the electrical market. 
These thoughts were well accepted by members present. They were confident that Mr. Shri Nishel Shah’s personality will help EMA to achieve its objectives and vision during his tenure. 


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