From the 12th to the 14th October New Delhi in India hosted the 2016 BRICS International Trade Show. Bringing together business from Brazil, Russia, India, China and South Africa the focus was on networking for shared growth and opportunity.
PE based solar and electronic component manufacturer Destrier Electronics t/a Microcare was selected by DTI to represent the growing local energy and innovation sector at the South African Pavilion.
The event saw many significant economic announcements made. Significantly India announced it will install 10GW of renewables annually from 2017, as large-scale renewables, rooftop solar and off-grid sectors show significant growth.
Nelius De Lange, R&D Director at Microcare, was in attendance to showcase proudly South African innovation and technology.
Nelius: “Being in India and meeting the people, engaging with the BRICS businesses, seeing the energy demand in Delhi alone with a population of 22 million people, it is apparent that our local advanced innovation is something that we can offer and sustain. Small and rooftop solar sector will need another $50 billion to meet India’s 40GW by 2022 target. Rooftop solar in particular has become the fastest growing renewable power sub-segment in India’s clean energy market.”
“The most sought after technology included Solar Pump Controllers, Battery Monitoring and small Off Grid solutions all of which Microcare has innovated in South Africa for the past 26 years.”
With international emerging markets opening up for innovation and entrepreneurship, now is the time for local business to look beyond our doorstep to the opportunities available in BRICS to boost our local economy and create jobs.